Hg Capital portfolio company, team.blue, a leading European hosting player acquired Natro, the leading web hosting provider in Turkey.
Ventura Partners acted as exclusive financial advisor to the shareholders of Natro on the transaction.
Established in Istanbul/Turkey in 1999, Natro is the leading local web hosting company with more than 120,000 active customers and 500,000 registered domain names. Focusing on digitalizing enterprises and consumers, Natro provides innovative internet services including domain name registration, web hosting solutions, e-mail hosting, dedicated server, cloud server and web security solutions.
team.blue, a leading European hosting provider is active in 10 countries across Europe, providing services to more than 2 million customers. team.blue is backed by Hg Capital, a specialist private equity investor focused on software and service businesses with over USD 12 billion of funds under management.