H.I.G. WhiteHorse Provides Financing to Be-Cloud and QualityHosting

H.I.G. WhiteHorse, the credit affiliate of H.I.G. Capital ("H.I.G."), a leading global alternative investment firm with $75 billion of capital under management, is pleased to announce that it has arranged a debt package to finance the acquisition of Be-Cloud by QualityHosting, a portfolio company of PSG Equity ("PSG"). The financing package will also provide additional capital to support the combined company's future growth and M&A strategy.Founded in 2012 and headquartered in France, Be-Cloud is a leading European Microsoft Cloud Solution Provider ("CSP") and Value-Added Distributor, providing cloud, AI and cybersecurity solutions to SMEs through both direct and indirect channels. The business benefits from a subscription-based model, more than 37,500 active end-customers, and a network of over 1,000 active resellers and MSP partners across Europe. Be-Cloud is a Top 30 EMEA Microsoft CSP and has developed a differentiated platform combining software distribution with value-added services and support.QualityHosting is a leading German Microsoft CSP, providing cloud, managed services, and hosting solutions to SMEs through both direct and indirect channels. The business serves more than 30,000 end customers and has a network of approximately 1,000 reseller partners. QualityHosting was the first Microsoft CSP in Germany and has developed a highly automated service delivery platform combining Microsoft cloud distribution with managed services, security and legacy hosting solutions.Pascal Meysson, Head of H.I.G. WhiteHorse Europe, said: "Be-Cloud and QualityHosting combine a recurring revenue business model with a leading and differentiated position in the Microsoft ecosystem, as well as a strong track record of growth. We believe that with the scale of the newly combined group, it is well positioned to benefit from continued cloud, AI and cybersecurity adoption. H.I.G. is delighted to partner with PSG Equity and management for the next phase of growth."

H.I.G. WhiteHorse Provides Financing to Be-Cloud and QualityHosting

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