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.