OC&C supports Loopia Group with acquisition from team.blue
Thursday 06 June 2024 | NewsWe’re very happy to congratulate the team at Axcel and Loopia Group with their successful sale to team.blue. OC&C performed the commercial vendor due diligence for the Loopia Group.
Loopia Group is an innovative European Web Presence business. The Group’s key markets include Sweden, Finland, Slovakia, Czechia, Hungary and Serbia with key brands such as Loopia, Websupport and Active24.
After a successful growth period since 2018 with Nordic private equity firm Axcel, Loopia Group now joins forces with team.blue to support in shaping the European SaaS industry.
team.blue has scaled quickly since its founding in 2019, with operations across 15 countries. With this acquisition, team.blue’s customer base will grow from 2.5 million to more than 3 million entrepreneurs across Europe, enhancing its ability to help customers achieve online success through its wide digital product offering.
We wish Loopia Group and team.blue every success in their new adventure.
OC&C and Private Equity
We’re a leading global strategy consultancy, with deep expertise in the Technology Services sector, working with major global corporations and local champions. In private equity, we have commercially advised on more than 500 successful transactions over the last 5 years, encompassing sell-side and buy-side roles.
How we can help:
- We provide commercial due diligence and vendor due diligence for transactions.
- We assist investors with accelerating or improving their portfolio companies' performance.
- We help investors identify potential investment themes or assets to target.
For more information on this transaction or OC&C’s experience in the space, please contact:
Ewan Parry, Partner
Chris Woodland, Partner
Oleg Tschernizki, Partner
Phil Craig, Associate Partner