Natro, a leading Turk Web hosting provider, joins team.blue – a merger between the companies Combell and TransIP with one Employees number over 600 people. With the acquisition team.blue expands its presence to the fast growing Turkish region.
Natro was founded in 1999 and has a comprehensive range of products that include domain names, web hosting solutions, email, Virtual server and various security solutions. With over 120,000 customers and over 500,000 registered domain names, the company is a leader in several market segments.
"It's refreshing to see how Natro's vision blends perfectly with what we're achieving across team.blue," he said Jonas Dhaenens, CEO of team.blue. “Providing easy-to-use and reliable digital tools for businesses in Turkey is at the heart of Natro's mission. I am delighted to be able to welcome the more than 70 new colleagues who keep this promise for Natro customers every day. "
team.blue will acquire 100% of the Natro shares from its current owners. The company, with 70 employees in the Istanbul office, will continue to operate under the direction of the current management team led by CEO Nedim Mitrani. Together with team.blue, Natro will continue to pursue its ambitious plans for further expansion in the region.
80 million potential customers
"It's refreshing to see how Natro's vision blends perfectly with what we are achieving across team.blue," said Jonas Dhaenens, CEO of team.blue.
“For us as the founders of Natro, it was very important to put our life's work in good hands. team.blue is one of the leading European hosts, led by entrepreneurs like us, and therefore the ideal partner for this big decision, ”he said Tolga Kabakci and Hüseyin Caymaz, founders of Natro. "It was a good fit from the start and a trusting, fair and respectful atmosphere right through to the end."
The Turks Web hosting and application The segment has over 80 million potential customers. It has made good progress in recent years and offers excellent growth potential in a promising environment team.blue.
"I'm excited to see how Natro can join team.blue," he said Nedim Mitrani, CEO of Natro. “Natro is now supported by one of the largest European hosters and will continue to amaze customers with its products and strive for even higher growth in the Turkish segment. This is a new chapter in Natro's success story! "
The sellers were advised by Odin Financial Advisors. No further financial details will be provided on this transaction.