H.I.G. WhiteHorse Secures Financing Package for Globe Groupe Growth

H.I.G. WhiteHorse Finances Globe Groupe's Next Growth Phase

H.I.G. WhiteHorse, an affiliate of H.I.G. Capital, has recently finalized a financing package for Globe Groupe, a prominent provider of operational marketing services. Founded in 2002 by Jérémy Dahan and based in Neuilly-sur-Seine, France, Globe services over 180 premium brands across various sectors including consumer goods, technology, beauty, lifestyle, healthcare, and luxury.

This funding marks a pivotal moment for Globe as it prepares to embark on its next growth phase. With a robust clientele of more than five hundred across eight countries and several offices, the group focuses on three main services: brand activation, outsourced field sales, and merchandising. This comprehensive approach aims at directly stimulating sales growth and enhancing market share for its clients, leveraging extensive cross-market relationships and technology-enabled solutions backed by proven management expertise.

The partnership between H.I.G. WhiteHorse and Globe is poised to enhance Globe's operational capabilities, thanks to a tailored financial solution specifically designed to support the company's ambitions. Pascal Meysson, Head of H.I.G. WhiteHorse Europe, expressed optimism about the collaboration, stating, "Globe has consistently demonstrated sustainable growth, driven by its extensive offerings and solid performance. We look forward to working with Jérémy Dahan to support the group's continued expansion through a custom financing solution."

This strategic move not only underscores Globe's strong market position but also reflects H.I.G.'s confidence in Globe's potential. Charles Bourgeois, Managing Director at H.I.G. WhiteHorse Europe, noted, "We are excited to support Globe, a company we have been observing for several years. Their leadership position, high-quality management team, exposure to a resilient and growing market, and strong financial performance track record exemplify the qualities we seek in our investment opportunities."

In light of this financing initiative, Globe is expected to enhance its operations and to implement a proactive buy-and-build strategy, aimed at fortifying its market presence. The investment aligns with H.I.G. Capital's mission of providing flexible debt and equity capital solutions to middle-market companies across Europe and the United States, employing an operationally-focused approach to value enhancement.

Having deployed over $74 billion in investment capital since its inception in 1993, H.I.G. has supported numerous businesses, successfully managing a diverse portfolio that includes more than 400 companies generating a collective revenue exceeding $53 billion. This ongoing commitment to growth and innovation reassures all stakeholders that Globe is in capable hands.

As Globe Groupe navigates this new phase, it continues to operate at the forefront of marketing and sales activation, providing integrated solutions right at the point of consumer engagement. For more information, you can visit their website at globe-groupe.com.

Overall, the financing from H.I.G. WhiteHorse is a testament to Globe's market strategy and its potential for scalability, affirming a commitment to elevating brand visibility and sales activation across critical European markets.