H.I.G. WhiteHorse Finances Strategic Acquisition

H.I.G. WhiteHorse, the credit affiliate of H.I.G. Capital, has organized a debt package to fund QualityHosting's acquisition of Be-Cloud. This financing will also provide additional capital to support the growth and M&A strategies of the combined entity. This move strategically positions both companies to capitalize on the increasing demand for cloud, AI, and cybersecurity services.

Be-Cloud, a French firm established in 2012, is a top European Microsoft Cloud Solution Provider. It serves over 37,500 end customers and partners with more than 1,000 resellers across Europe. QualityHosting, a leading German Microsoft CSP, offers cloud solutions to over 30,000 customers and around 1,000 reseller partners. Their synergy aims to harness a recurring revenue model and strong market status to drive robust growth in the Microsoft ecosystem.