Loopia Group joins team.blue

team.blue, Europe’s leading digital enabler for entrepreneurs and SMBs, is pleased to announce the strategic acquisition of Loopia Group, a top-tier provider of digital presence solutions in the Nordics and Central Eastern Europe (CEE).

Loopia Group joins team.blue
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Loopia Group joins team.blue

Loopia Group, with its strong foothold in Sweden, Finland, Slovakia, Czechia, Hungary, and Serbia, has a workforce of over 320 skilled professionals and serves approximately 650,000 customers through a portfolio of robust local brands including Loopia, Websupport, Hostingpalvelu, Domainhotelli, and Active24. Loopia Group has been backed by Nordic private equity group Axcel since 2018, during which time the company has seen a fourfold increase in revenue and earnings, all the while ensuring that 97% of the business’ revenue stems from data centres running on renewable energy.

With this acquisition, team.blue’s customer base will grow from 2.5 million to more than 3 million entrepreneurs across Europe. This not only complements team.blue’s footprint but also enhances its ability to help a larger number of customers to achieve online success through its wide digital product offering. team.blue continues to be backed by Hg, a leading investor in European and transatlantic software and services businesses.  

Sara Laurell
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After a period of high M&A activity, we’ve successfully brought together brands and technology platforms, transforming Loopia Group into a cohesive company with a strong offering to our customers. I want to thank the Axcel team for a great run built on trust, transparency, and bold decision-making. I would also like to thank my fantastic team at Loopia Group for their efforts over the years – I’m very proud of you. Now, we look forward to joining forces with our friends at team.blue and Hg, to help shape this industry across Europe. Sara Laurell, CEO, Loopia Group

Christian Bamberger Bro
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In partnership with Sara Laurell and the brilliant team she has formed at Loopia Group, we’ve managed to build a leader with a highly efficient platform for further growth. During our partnership, Loopia Group has expanded into three new countries, strengthened its commercial offering, brought together multiple tech platforms, and all the while pursuing an ambitious sustainability agenda. We’re proud to pass on a thriving, unified company and a true frontrunner on sustainable web hosting to team.blue and Hg. Christian Bamberger Bro, Partner, Axcel 

team.blue has made significant investments across a range of B2B SaaS solutions. These solutions are designed inter alia to enhance security, ensure GDPR compliance, boost visitor attraction and conversion rates, improve customer engagement through various marketing tools, and assist in both online and offline commerce strategies. team.blue continues to invest in innovative products also by joining forces with leading SaaS companies in Europe that share the same vision.

Jonas Dhaenens
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The integration of Loopia Group into team.blue opens up a world of possibilities for the European digital services industry, extending our reach into some of Europe’s most dynamic sectors and creating a unique offering to more than three million customers across more than 20 countries, now backed by a team of 2.700 exceptionally talented individuals. Jonas Dhaenens, Founder and President, team.blue

Claudio Corbetta
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Dawn Marriott
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We are highly impressed by Loopia Group’s leadership in highly complementary geographies and their shared customer-first approach in delivering top-notch online solutions for businesses and entrepreneurs. This transaction aligns with our ambition to be the preferred one-stop digital provider for European SMBs. We really look forward to what team.blue and Loopia Group can achieve together! Claudio Corbetta, CEO and Dawn Marriott, Chairperson, team.blue

Joris Van Gool
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Nick Jordan
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Matthijs Deroo
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We are proud to support the continued growth of team.blue. This move strengthens our shared commitment to build an exceptional business, addressing the need for SMEs to digitise and provide more services online. The addition of Loopia Group's robust brand portfolio and extensive customer base offers a fantastic opportunity to enhance our services and innovation for customers. Joris van Gool, Nick Jordan and Matthijs Deroo, Hg

About team.blue

team.blue is a leading digital enabler for businesses and entrepreneurs across Europe (Belgium, Bulgaria, Czech Republic, Denmark, France, Germany, Greece, Ireland, Italy, Netherlands, Portugal, Spain, Sweden, Switzerland, Turkey and United Kingdom). The company is made up of 40+ successful brands who serve more than 2.5 million customers. team.blue is a one-stop partner for web hosting, domains, e-commerce, online compliance, lead generation and application solutions, supported by more than 2000 experts. team.blue’s vision is to make online business simpler by shaping technology and providing customers with innovative online products and services.

About Loopia Group

Loopia Group is a leading European web service and hosting company, dedicated to sustainability and green hosting. Serving over 650,000 customers across Sweden, Finland, Slovakia, Czechia, Hungary, and Serbia, the group includes market leading brands like Loopia, Websupport, Active24, Hostingpalvelu, and Domainhotelli. With 25 years of experience, over 300 employees, and 2 million domains hosted, Loopia Group generated 742 MSEK in revenue in 2023, solidifying its position as an industry champion.

About Axcel

Founded in 1994, Axcel is a Nordic private equity group focusing on four sectors: Technology, Business Services & Industrials, Healthcare and Consumer. Our team in Stockholm and Copenhagen brings 30 years of experience in building companies through a collaborative mindset and a structured approach to value creation. Axcel has raised seven funds with committed capital of approx. € 4.1 billion from Nordic and international investors. We currently own 21 companies headquartered across the Nordics, and we have made a total of 71 platform investments, 300 add-on acquisitions and 50 exits. 

About Hg

Hg supports the building of sector-leading enterprises that supply businesses with critical software applications or workflow services, delivering a more automated workplace for their customers. This industry is characterised by digitization trends that are in early stages of adoption and are set to transform the workplace for professionals over decades to come. Hg’s support combines deep end-market knowledge with world class operational resources, together providing compelling support to entrepreneurial leaders looking to scale their business – businesses that are well invested, enduring and serve their customers well. With a vast European network and strong presence across North America, Hg’s 400 employees and around $70 billion in funds under management support a portfolio of around 50 businesses, worth over $140 billion aggregate enterprise value, with around 110,000 employees, consistently growing revenues at more than 20% annually.

Favicon for team.blue Website team.blue team.blue
Favicon for loopia.group Website Loopia Group loopia.group
Favicon for axcel.dk Website Axcel axcel.dk
Favicon for hgcapital.com Website Hg Capital hgcapital.com
Loopia Group logo
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team.blue
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No further details about this transaction will be made available. For more information about this press release, please contact press@team.blue.

About team.blue

team.blue is a leading digital enabler for businesses and entrepreneurs across Europe (Belgium, Bulgaria, Cyprus, Czechia, Denmark, Finland, France, Germany, Greece, Hungary, Ireland, Italy, The Netherlands, Portugal, Serbia, Slovakia, Spain, Sweden, Switzerland, Türkiye and United Kingdom). The company is made up of 60+ successful brands who serve 3,3 SMB million customers. team.blue 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.

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