#H.I.G. Capital #London #Be-Cloud #QualityHosting

H.I.G. WhiteHorse Financing for Be-Cloud and QualityHosting

In a strategic move aimed at enhancing cloud solutions in Europe, H.I.G. WhiteHorse, the credit subsidiary of H.I.G. Capital, announced a significant financing arrangement to support the acquisition of Be-Cloud by QualityHosting. This transaction not only emphasizes H.I.G.'s commitment to fostering growth within the tech industry but also highlights the increasing consolidation in the cloud computing sector.

H.I.G. WhiteHorse's Role

Based in London, H.I.G. WhiteHorse is part of the larger H.I.G. Capital entity, a leading global alternative investment firm managing approximately $75 billion in assets. The firm specializes in providing debt and equity capital to middle-market companies. H.I.G. WhiteHorse's involvement in this acquisition showcases its ability to forge financial solutions that assist companies in achieving their growth objectives.

The Acquisition Overview

The acquisition involves QualityHosting, a prominent German cloud service provider, purchasing Be-Cloud, a French leader in cloud solutions. The financing structure not only facilitates the acquisition but also provides additional capital to support the merged entity’s future growth and innovative strategies.

Be-Cloud, founded in 2012, has established itself as a key player in the European cloud market. With a subscription-based model, it offers cloud, cybersecurity, and AI solutions primarily to small and medium-sized enterprises (SMEs). Notably, Be-Cloud boasts over 37,500 active end-client customers and connects with more than 1,000 resellers and managed service providers across Europe.

On the other hand, QualityHosting has been a significant force in the German market since 1998, providing a range of Microsoft-supported services, including hosting and managed cloud services, with a robust clientele of around 30,000 customers. Their long-standing partnership with Microsoft has allowed them to develop a highly automated service delivery platform.

Strategic Growth Potential

According to Pascal Meysson, managing director of H.I.G. WhiteHorse Europe, the merger of Be-Cloud and QualityHosting creates a company that combines a strong recurring revenue model with a leading position in the Microsoft ecosystem. This is critical for capitalizing on the ongoing digital transformation across sectors fueled by trends in cloud adoption, AI integration, and cybersecurity enhancement.