Hg Invests in TransIP; TransIP to Join Forces with Combell under team.blue

June 12, 2019

Hg has invested in TransIP Group, a leading Dutch hosting and VPS provider, to combine TransIP with Combell Group and create team.blue — a European digital services group for SMEs. Terms were not disclosed; the combined group will serve roughly 1.2 million customers, Jonas Dhaenens will become Group CEO of team.blue and TransIP founder Ali Niknam remains a major investor and joins the board.

Buyers
Hg, Combell Group
Targets
TransIP Group
Platforms
Combell Group, team.blue
Industry
Cloud & SaaS
Location
South Holland, Netherlands
Transaction Type
Addon

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