Be-Cloud has been acquired by PSG Equity
October 2026 — Be-Cloud, backed by B&Capital since 2021, has been acquired by PSG Equity, a leading growth equity firm specializing in software and technology-enabled services. The transaction marks the full exit of B&Capital and the reinvestment of Be-Cloud’s founders, Lenny and Sébastien Vercruysse, alongside PSG Equity.
Be-Cloud is a leading European Microsoft cloud solutions provider, specializing in the distribution, integration and management of cloud-based solutions for small and medium-sized enterprises (SMEs). As an official Microsoft Cloud Solution Provider (CSP), the group distributes Microsoft licenses and offers a comprehensive range of value-added services, including cloud migration, cybersecurity, technical support, training and managed services. Operating through both direct and indirect distribution channels, Be-Cloud serves SMEs and IT resellers across Europe. Headquartered in France, with operations in Belgium and Switzerland, the group employs approximately 100 people and expects to generate around US$112 million in revenue in 2026.
PSG Equity is a leading global growth equity firm specializing in investments in software and technology-enabled services companies. The firm partners with founders and management teams to accelerate growth through strategic acquisitions, international expansion and operational improvements. PSG Equity has an extensive portfolio of technology businesses across Europe and North America.
Our role in the transaction
Oaklins’ team in France acted as the exclusive financial advisor to Be-Cloud’s shareholders, managing a competitive sale process and supporting them throughout the transaction, from preparation to closing. The team helped identify the right strategic partner to support Be-Cloud’s next phase of growth while facilitating a successful exit for B&Capital and the continued involvement of founders Lenny and Sébastien Vercruysse.
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