Register Group joins team.blue
• 1 minute read
team.blue today announces that Register Group, an international leader in digital services for professionals, will join the new European tech powerhouse. With this combination, team.blue will significantly reinforce its position as a leading digital enabler for companies and entrepreneurs across Europe.
Below is an extract of team.blue‘s full release. Read it here.
team.blue’s goal is to shape technology and create powerful digital enablement and presence tools for companies and entrepreneurs. The company was formed in 2019, following a merger between the Combell Group, a European leader in mass hosting services for SMEs, and the TransIP Group, a leading hosting and Virtual Private Server (‘VPS’) provider based in the Netherlands.
Hg, a strategic investor in both team.blue and Register Group, will invest further into the new combined group. Hg has a history of creating industry champions by scaling platforms internationally, whilst also helping to build businesses through transformational M&A, backing entrepreneurs and reinforcing organic growth through sector experience and operational support.
In team.blue, Hg is supporting the creation of a true European champion in digital services for professionals. The entrepreneurs behind team.blue have created a highly innovative business, with exceptional customer feedback and the ability to scale rapidly across geographies. We look forward to continuing our partnership.
Nick Jordan and Joris Van Gool, Hg
In connection with the transaction, Register is expecting to restructure its indebtedness which may include redemption or repurchase of debt securities issued by it.