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London, March 26, 2024–(BUSINESS WIRE)–HIG WhiteHorse Europe, a credit affiliate of global investment firm HIG Capital (“HIG”), announces that it has arranged a financing package for Stordata (the “Company”) .
Founded in 1988 and headquartered in Versailles, France, Stordata has approximately 500 customers and has established itself as the reference partner for digital transformation for midmarket and large enterprises. As experts in the architecture, management and maintenance of security and data management systems, particularly in the cloud, the company provides critical continuous access services to its clients. This service enables clients to leverage data in complex and constantly evolving IT environments. The company has experienced sustained growth in recent years and is developing additional services in cybersecurity and cloud services.
Stordata has entered a new phase of development with a majority stake acquired by Elyan Partners (“Elyan”), a member of the Edmond de Rothschild Private Equity Partnership, through funds advised by the company’s founders and executives. I am embarking on a chapter. Reinvestment in our company.
HIG WhiteHorse Europe has arranged a bespoke financing package that will be used to finance the acquisition and provide additional capital to support the company’s expansion, particularly through an aggressive buy-and-build strategy .
HIG WhiteHorse Europe acted as sole arranger through certain affiliates, and Caisse d’Epargne et de Prévoyance Hauts de France participated in the financing together with HIG WhiteHorse.
Stordata co-founder Marc Michel and CEO Olivier Taichman said: “Stordata’s success is built on the technical expertise of our employees, the quality of service provided to our clients, and the trust of our technology partners. “We sincerely thank them for their continued support. We are also excited about our new partnership with Elyan and grateful for the trust we have received from HIG WhiteHorse and Caisse d’Epargne et de Prévoyance Hauts de France. Stordata is poised for strong growth. “I believe” stage. “
Elyan partners Jeremie Melin and Vincent Manes said: “We are impressed with what Stordata has built over the past few years and are confident that this will lay the foundation for our ambitious growth in France and Europe, delivering even more value.” HIG WhiteHorse At Caisse d’Epargne et de Prévoyance Hauts de France, we believe we have the right like-minded partners who understand our business and share common values and vision. ”
Pascal Meysson, Head of HIG WhiteHorse Europe, said: “Leveraging its expertise in security and data management, Stordata has embarked on a remarkable growth journey in recent years, further strengthening its position in the digital transformation space in France. He will contribute to the future success of the company through Maid’s financing.”
Charles Bourgeois, Managing Director of HIG WhiteHorse Europe, said: “We are delighted to support Stordata and Elyan. We are impressed by Stordata’s very high level of expertise and the quality of their management team. Stordata has a strong reputation in the market and a large market share. It has solidified the company’s position as a market leader among its customers.”
about store data
Stordata is an independent data and virtualization specialist combining consulting, transformation management, administration and maintenance of data security and management systems. Its cloud product (StorCloud) is ISO27001 and HDS (Hébergeurs de Données de Santé – Health Data Hosts) certified.
About HIG Capital
HIG Capital is one of the world’s leading alternative investment firms with $60 billion in capital under management*. Based in Miami, we also have offices in Atlanta, Boston, Chicago, Dallas, Los Angeles, New York, and San Francisco. With international affiliate offices in Hamburg, London, Luxembourg, Madrid, Milan, Paris, Bogota, Rio de Janeiro, São Paulo and Dubai, HIG provides debt financing to middle market companies with flexible, operationally focused capital. and equity capital. Value-added approach:
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HIG’s equity funds invest in management buyouts, recapitalizations and divestitures of both profitable and underperforming manufacturing and service industries.
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HIG’s debt funds invest in senior, unitranche and junior debt financing for companies of various sizes on both a primary (direct origination) basis and in the secondary market. HIG also manages a publicly traded BDC, WhiteHorse Finance.
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HIG’s real estate funds invest in value-added real estate that can benefit from improved asset management practices.
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HIG Infrastructure focuses on value-add and core-plus investments in the infrastructure sector.
Since its founding in 1993, HIG has invested in and managed more than 400 companies around the world. The company’s current portfolio includes more than 100 of his companies with combined sales of more than $53 billion. For more information, visit HIG’s website at hig.com.
About Elyan Partners and ERES IV
Elyan Partners SAS is a financial investment advisor and partner of Edmond de Rothschild Private Equity. Elian is the exclusive advisor to the ERES Fund and is also an advisor to the Edmond de Rothschild Group’s Privilege Fund. Edmond de Rothschild Equity Strategies IV SLP (“ERES IV”) invests in mid-market companies in Europe and North America.
Edmond de Rothschild Private Equity is the trading name of the private equity entity of the Edmond de Rothschild Group, which manages assets in excess of CHF 3.6 billion. Founded in 1953, the Group had assets under management of approximately CHF 158 billion as of December 31, 2022, with 2,500 employees and 30 offices worldwide.
*Based on total capital raised by HIG Capital and affiliates.
View source version on businesswire.com. https://www.businesswire.com/news/home/20240326501486/ja/
contact address
pascal mason
HIG Whitehorse Europe Manager
pmeysson@hig.com
charles bourgeois
President
cbourgeois@hig.com
HIG Whitehorse Europe
P +44 (0) 207 318 5700
hig.com
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