M&A Deal Summary

team.blue Acquires Loopia

On May 23, 2024, team.blue acquired internet software and services company Loopia from Axcel

Acquisition Highlights
  • This is team.blue’s 3rd transaction in the Internet Software and Services sector.
  • This is team.blue’s 1st transaction in Sweden.

M&A Deal Summary

Date 2024-05-23
Target Loopia
Sector Internet Software and Services
Buyer(s) team.blue
Sellers(s) Axcel
Deal Type Add-on Acquisition
Advisor(s) Harris Williams (Financial)
Advokatfirman Vinge (Legal)

Target

Loopia

Vasteras, Sweden
Loopia is a hosting provider that offers domains, web hosting, and value-added services. The products are sold directly online on a prepaid subscription basis to a growing customer base of about 350,000 small and medium-sized businesses and prosumer customers. The products are sold under the Loopia brand in Sweden and the Active 24 brand in the Czech Republic. Loopia is based in Vasteras, Sweden.

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Buyer(S) 1

Buyer

team.blue

Gent, Belgium

Category Company
Founded 2019
Sector Internet Software and Services
DESCRIPTION

team.blue is an operator of a digital enabler for companies and entrepreneurs through the team.blue brands, the product offering is tailored to active markets and always supported with the highest level of expertise. team.blue was founded in 2019 and is based in Gent, Belgium.


DEAL STATS #
Overall 4 of 4
Sector: Internet Software and Services M&A 3 of 3
Type: Add-on Acquisition M&A Deals 2 of 2
Country: Sweden M&A 1 of 1
Year: 2024 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-09-05 Register

Florence, Italy

Register is a provider of digital services for professionals and SMBs such as domain registration, hosting, servers, website creation, e-commerce, brand protection. Register provides domain and hosting services under Register.it, Sfera, Etinet, Dominiando, Namesco, Simply Hosting, Tagadab, LCN Register365, LetsHost, Hosting Ireland, Nominalia, Dominios.pt, Iberweb, and Amen brands. Register was founded in 1995 and is based in Florence, Italy.

Buy -

Seller(S) 1

SELLER

Axcel

Copenhagen, Denmark

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1994
PE ASSETS 4.1B EUR
Size Large
Type Sector Agnostic
DESCRIPTION

Axcel Management AS is a private equity firm focused on mid-market buyouts in Denmark and Sweden. Axcel primarily seeks companies with a strong Danish or Swedish base and international potential. The Firm looks to invest in companies with revenues of DKK 250 million (€ 35 million) to DKK 4 billion (€ 535 million). Axcel prefers majority positions. Axcel Management A/S was formed in 1994. The Firm is based in Copenhagen with an additional office in Stockholm.


DEAL STATS #
Overall 47 of 49
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 14 of 15
Country: Sweden M&A 8 of 8
Year: 2024 M&A 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-12-05 Delete Group

Helsinki, Finland

Delete Group is a full-service environmental services provider. The company provides clients with business-critical services that require specialized knowledge and specialized equipment. Its business is divided into three business areas: industrial and real estate services, demolition services and recycling and waste disposal services. Delete Group was formed in 2010 and is based in Helsinki, Finland.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-06-10 Danish Ship Finance

Copenhagen, Denmark

Danish Ship Finance is a Danish financial institution that issues loans to Danish and foreign shipowners secured against their vessels. The company's vision is to be the most recognised and stable provider of financing for reputable shipowners. Ship financing requires a high degree of specialisation and expertise at every level, and the company's 70 employees currently manage a loan portfolio of around DKK 43 billion secured against some 450 vessels. The loan portfolio has broad exposure to numerous shipping segments and focuses on shipowners in Denmark and abroad with high credit ratings. Danish Ship Finance was founded in 1961 and is based in Copenhagen, Denmark.

Sell -