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New Deal


Announced

Completed

Hg led a £51m investment round in team.blue.

Financials

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Transaction Value£51m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Completed

digital enabler

Friendly

Private Equity

Acquisition

Cross Border

Single Bidder

Minority

Belgium

Private

Digital Services

Synopsis

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Hg, a software and services investor, led a £51m investment round in team.blue, a digital enabler for companies and entrepreneurs. “At team.blue, we have amazing people across multiple countries, and they are the real reason why millions of businesses choose us. We speak our customers’ languages and understand their cultures and local needs. We use this local connection to customise products and services so we are there for our customers at all times. This strengthening of the team and continued long-term backing of Hg will enable us to continue to achieve this through organic expansion and acquisitions into different regions, whilst also expanding our online solutions,” Claudio Corbetta, team.blue CEO.

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