Hudson Hill Capital, a private investment firm, has made a majority equity investment in Blue.Cloud, a global cloud-only digital transformation company, at an enterprise value of over $100 million.
Blue.Cloud focuses on implementing modern cloud data technologies and analytics to enhance how enterprises compete in the market. The firm focuses on a data-driven approach to digital transformation and consulting. Blue.Cloud delivers digital and cloud transformation, digital architecture, cloud roadmap creation, data warehousing support, AI & machine learning, and data governance. The investment will help Blue.Cloud expand its AI capabilities, acquisitions, and its IT team.
“We chose to partner with Hudson Hill Capital for their experience with rapidly growing middle-market technology companies and are thrilled with the transaction outcome after several months of building the relationship,” commented Blue.cloud CFO, Brian Alvarez. “This partnership will align a strong team and we will be working together to achieve an annual revenue run-rate of $80 million by the end of 2022. We look forward to partnering with HHC to expand our leadership team that will diversify our capabilities, enabling us to sprint into another year of exponential growth.”
Lincoln International acted as the exclusive investment banking representative for Blue.cloud, working closely with the company’s shareholders and management team throughout the transaction process.