team.blue funding news – Ghent-based team.blue Secures an Investment

Jonas Dhaenens, founder and President of team.blue, tells fd.nl that HG owned about half of the company, with the management holding under 10 pe rcent and the remainder shared equally between him and Ali Niknam. Their combined stake is now worth €2B on paper, and Niknam’s 20 percent stake is now worth around €1B.

Along with co-founder Ali Niknam and founder and president Jonas Dhaenens, who continue to be key investors in team.blue, CPP Investments joined Hg. The management group is headed by CEO Claudio Corbetta, with Hg continuing to be the biggest individual investor.

Hafiz Lalani, MD, Global Head of Direct Private Equity, CPP Investments, said, “team.blue operates in an attractive, resilient and growing online presence sector. Under its current leadership, the business has executed a successful M&A strategy to expand its product offerings and local presence across multiple European countries.”

It wants to support its clients in being successful, competitive, and relevant throughout their digital journeys. Presently, the business provides a broad range of digital solutions to 3.3 million SMB clients in 22 countries.

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strengthening security, guaranteeing GDPR compliance, increasing visitor attractiveness and conversion rates, strengthening client interaction through marketing tools, and assisting with offline and online commerce strategies are some of the solutions.

Jonas Dhaenens and Claudio Corbetta, CEO, and Dawn Marriott, Executive Chair of team.blue, says, “This is a truly significant moment for our team and the many entrepreneurs who have joined us over the years. We are delighted to welcome CPP Investments, a leading global institutional investor with values that closely align with our own. CPP Investment’s approach as a long-term patient capital investor is perfectly suited to our vision for sustained growth. Alongside our existing shareholders, CPP Investments recognises the growth ahead, underpinned by our plan to provide increasingly relevant online tools for businesses.”

About team.blue

team.blue is a leading digital enabler for businesses and entrepreneurs across Europe. It is a one-stop partner for web hosting, domains, e-commerce, online compliance, lead generation and application solutions, supported by more than 2.500 experts. team.blue's vision is to make online business simpler by shaping technology and providing customers with innovative online products and services.