Heliaq has acquired Upinfo, a Paris-based cloud hosting and cybersecurity services provider, enhancing its growth strategy in the tech sector.

Information on the Target

Heliaq continues its external growth strategy with its second acquisition in 2025, following the integration of Protego, an expert in cybersecurity with a revenue of €6 million. In this latest move, Heliaq has acquired Upinfo, a notable player in the cloud hosting and infrastructure sector.

Founded in 2018 in Paris by Olivier Riatto and Nicolas Legrand, Upinfo has established a strong reputation for providing not only cloud hosting services but also complementary offerings in cybersecurity and IT management. The company is profitable, certified under ISAE 3402 standards, and has a workforce of approximately twelve employees, supporting 110 clients and generating revenue of around €2 million.

Industry Overview in France

The cloud services industry in France has witnessed significant growth in recent years, driven by an increasing demand for digital transformation across businesses. Companies are increasingly adopting cloud solutions to e