After European hosting companies Combell Group and Trans IP Group agreed to a merger in June this year while rebranding their activities under the name team.blue, the newly created company has now acquired Register Group – an Italy-based provider of web hosting services to professionals. Register Group manages a variety of web hosting brands, serves more than 750,000 customers and has 420 employees working in their offices across Europe.
Financial details of the acquisition were not disclosed. After completing the transaction, the group will achieve an annual turnover of € 275 million in total. It would also further strengthen its market position in various European countries. team.blue now serves more than 2 million hosting customers in Europe and has more than 1,000 experts to support them.
As a leading company in the European domain name and web hosting market, Register Group is headquartered in Milan, Italy. The company has a variety of offices located across Italy. As well as in France, Portugal, UK, Ireland, and the Netherlands. Its domain and web hosting brands incluxe Register.it, Sfera, Etinet and Dominiando, Namesco, Simply Hosting, Tagadab, LCN, Register365, LetsHost, Hosting Ireland, Nominalia, Dominios.pt, Iberweb and the Amen brands.
Hg, a strategic investor in both team.blue and Register Group, will continue to invest in the new group. Hg is supporting team.blue with sector knowledge and operational expertise.
“We are investing in team.blue because we believe we are helping to build a new European champion in digital services for professionals,” said Nick Jordan and Joris Van Gool, Partner and Director at Hg respectively. “The entrepreneurs behind team.blue have succeeded in building an innovative company with exceptional customer satisfaction and the ability to apply the same recipe in other countries. We are very much looking forward to continuing our collaboration in the coming years.”
‘Inspiring Place to Work’
“We are building a powerful player of digital services for companies and entrepreneurs across Europe,” said Jonas Dhaenens, Group CEO of team.blue. “team.blue brings together the best experts in their field and continues to have a strong local focus. Together with Register Group and supported by the strategic expertise of Hg, I am convinced that team.blue will be able to offer the most innovative tools to its clients in the future. Moreover, we will be a very inspiring place to work for our numerous colleagues throughout Europe.”
“Over the past 20 years, Register Group has invested in becoming a leading player in the European domain and hosting segment, and has even succeeded in becoming the absolute market leader in some countries,” said Claudio Corbetta, CEO, together with Lorenzo Lepri, GM & CFO of Register Group. “Becoming part of team.blue is an incredibly inspiring step and a great opportunity for our teams to join forces and build a unique European excellence center. This step will enable us to offer even more solutions and products to our customers in the future, so that we can be and remain their trusted tech partner.”