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HSO announces investment from Bain Capital

by Jason Gumpert
Editor, MSDynamicsWorld.com

Microsoft partner HSO announced an agreement with private investment firm Bain Capital for a new investment that is expected close in the coming months.

Financial terms were not disclosed, but HSO founder and CEO Peter J. ter Maaten will remain a significant shareholder and board member and previous investor Carlyle will divest its stake in the firm. Carlyle declared their six years of ownership a success, with their representatives stating: 

HSO was a quintessential CETP (Carlyle Europe Technology Partners) deal, where we found a sub-scale European hidden champion and, together with the founder, developed the business into a top two Microsoft Dynamics Partner globally over our investment period. This is what CETP does best, partnering with founders and managers of aspirational European B2B Tech businesses and turning them into global leaders. We are very proud to have partnered with Peter and the HSO team over the past six years through what has been a remarkable collaborative effort, and we believe the business will continue to thrive in the future.

During Carlyle’s investment, HSO made a range of acquisitions around the world including:

Christophe Jacobs van Merlen, Partner at Bain Capital, praised HSO’s vertical expertise, global delivery capabilities, and Microsoft relationship. “We look forward to partnering with Peter and the team to help accelerate HSO’s global expansion and continuing to build-out its capabilities as Microsoft’s go-to partner for AI transformation,” he stated.

Peter J. ter Maaten stated: 

Carlyle has been an outstanding partner and I would like to thank the team for their role in HSO’s growth and global expansion since 2019, creating the leading international Microsoft Solutions Partner that HSO is today. We are excited to continue our momentum with Bain Capital, a long-term partner that also supports our vision and shares our ambition to build the world’s leading Microsoft services partner.

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About Jason Gumpert

As the editor of MSDynamicsWorld.com, Jason oversees all editorial content on the site and at our events, as well as providing site management and strategy. He can be reached at jgumpert@msdynamicsworld.com.

Prior to co-founding MSDynamicsWorld.com, Jason was a Principal Software Consultant at Parametric Technology Corporation (PTC), where he implemented solutions, trained customers, managed software development, and spent some time in the pre-sales engineering organization. He has also held consulting positions at CSC Consulting and Monitor Group.

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