Webpros Investments S.a.r.l.: Update following upgrade to B1

Moody's upgrades WebPros' CFR to B1 from B2; stable outlook - Rating Action – 2024/03/12 – US$ 180.00 – ...MOODY'S CREDIT RATINGS, ASSESSMENTS, OTHER OPINIONS, AND PUBLICATIONS ARE NOT INTENDED FOR USE BY RETAIL INVESTORS AND IT WOULD BE RECKLESS AND INAPPROPRIATE FOR RETAIL INVESTORS TO USE MOODY'S CREDIT RATINGS, ASSESSMENTS, OTHER OPINIONS OR PUBLICATIONS WHEN MAKING AN INVESTMENT DECISION. IF IN DOUBT YOU SHOULD CONTACT YOUR FINANCIAL OR OTHER PROFESSIONAL ADVISER. ALL INFORMATION CONTAINED HEREIN IS PROTECTED BY LAW, INCLUDING BUT NOT LIMITED TO, COPYRIGHT LAW, AND NONE OF SUCH INFORMATION MAY BE COPIED OR OTHERWISE REPRODUCED, REPACKAGED, FURTHER TRANSMITTED, TRANSFERRED, DISSEMINATED, REDISTRIBUTED OR RESOLD, OR STORED FOR SUBSEQUENT USE FOR ANY SUCH PURPOSE, IN WHOLE OR IN PART, IN ANY FORM OR MANNER OR BY ANY MEANS WHATSOEVER, BY ANY PERSON WITHOUT MOODY'S PRIOR WRITTEN CONSENT. MOODY'S CREDIT RATINGS, ASSESSMENTS, OTHER OPINIONS AND PUBLICATIONS ARE NOT INTENDED FOR USE BY ANY PERSON AS A BENCHMARK AS THAT TERM IS DEFINED FOR REGULATORY PURPOSES AND MUST NOT BE USED IN ANY WAY THAT...

Webpros Investments S.a.r.l.: Update following change in outlook to positive - Credit Opinion – 2023/12/15 – US$ 250.00 – ...On 15 December 2023, we changed the outlook of Webpros Investments S.a.r.l. (WebPros or the company) to positive from stable to reflect the continued strong operating performance of the company over the past 18 months as well as its prudent financial policy, evidenced by the voluntary prepayments of the second lien term loan. Webpros' B2 corporate family rating (CFR) further reflects: 1) the company's leading market position as a global provider of web hosting automation software solutions; 2) its strong reputation and long-standing relationships with hosting partners with low churn rates, reflecting the low tendency of web hosting providers to change control panels; 3) our expectation of further revenue and EBITDA growth, supported by recurring product repricing as well as a gradual expansion of the portfolio offering; and 4) the company's good liquidity profile, underpinned by solid free cash flow (FCF) generation. At the same time, the rating is constrained by: 1) the company's limited...

Moody's changes WebPros' outlook to positive from stable; affirms B2 rating - Rating Action – 2023/12/15 – US$ 180.00 – ...MOODY'S CREDIT RATINGS, ASSESSMENTS, OTHER OPINIONS, AND PUBLICATIONS ARE NOT INTENDED FOR USE BY RETAIL INVESTORS AND IT WOULD BE RECKLESS AND INAPPROPRIATE FOR RETAIL INVESTORS TO USE MOODY'S CREDIT RATINGS, ASSESSMENTS, OTHER OPINIONS OR PUBLICATIONS WHEN MAKING AN INVESTMENT DECISION. IF IN DOUBT YOU SHOULD CONTACT YOUR FINANCIAL OR OTHER PROFESSIONAL ADVISER. ALL INFORMATION CONTAINED HEREIN IS PROTECTED BY LAW, INCLUDING BUT NOT LIMITED TO, COPYRIGHT LAW, AND NONE OF SUCH INFORMATION MAY BE COPIED OR OTHERWISE REPRODUCED, REPACKAGED, FURTHER TRANSMITTED, TRANSFERRED, DISSEMINATED, REDISTRIBUTED OR RESOLD, OR STORED FOR SUBSEQUENT USE FOR ANY SUCH PURPOSE, IN WHOLE OR IN PART, IN ANY FORM OR MANNER OR BY ANY MEANS WHATSOEVER, BY ANY PERSON WITHOUT MOODY'S PRIOR WRITTEN CONSENT. MOODY'S CREDIT RATINGS, ASSESSMENTS, OTHER OPINIONS AND PUBLICATIONS ARE NOT INTENDED FOR USE BY ANY PERSON AS A BENCHMARK AS THAT TERM IS DEFINED FOR REGULATORY PURPOSES AND MUST NOT BE USED IN ANY WAY THAT...

Particle Investments S.a.r.l.: Update to credit analysis - Credit Opinion – 2023/07/19 – US$ 250.00 – ...Particle Investments S.a.r.l.'s (WebPros or the company) B2 corporate family rating (CFR) is supported by: 1) the company's strong market position as a provider of web hosting automation software; 2) its strong reputation and long-standing relationships with hosting partners with low churn rates, reflecting the low tendency of web hosting providers to change control panels; 3) our expectation of revenue and EBITDA growth, supported by recurring product repricing; and 4) the company's good liquidity profile, underpinned by solid free cash flow (FCF) generation and access to a fully undrawn $60 million revolving credit facility (RCF). At the same time, the rating is constrained by: 1) the company's limited portfolio offering, mainly concentrated on two similar products; 2) the small addressable market; 3) the reliance of its sales strategy on large web hosting partners; and 4) the uncertainties related to the impact of the ongoing trend towards consolidation in the web hosting industry....

Particle Investments S.a.r.l. - LGD Assessment – 2022/08/05 – US$ 750.00