Team Blue Due Diligence
Run due diligence on Team Blue: check compliance and get alerts when suppliers change.
Belgium · www.teamblue.com · 26 vendors
team.blue is a leading European provider of digital solutions for businesses and entrepreneurs. The company offers a comprehensive ecosystem of services including web hosting, domain registration, e-commerce platforms, online compliance, lead generation, and various application solutions. It aims to simplify online business success for over 3.3 million small and medium-sized businesses across 22 European countries.
Resilience scores
- Digital Sovereignty: 4
- Digital Resilience: 7
- Financial Resilience: 8
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Services catalogue
1 service in catalogue across 1 category; runs on 26 sub-vendors.
- MailAnyone Email Filtering
Insights
Last updated 2026-02-18 · revision 15
26 direct vendors, 200 subvendors
Direct vendors by controlling owner country (sample)
- Australia: 1
- United States: 21
- Estonia: 1
Subvendors by controlling owner country (sample)
- Unknown: 1
- Netherlands: 2
- France: 3
Compliance
5 in-scope frameworks identified; showing 3.
GDPR (source) — No public evidence
GDPR applies to all companies headquartered in the EU (Belgium) that process personal data.
NIS2 (source) — No public evidence
NIS2 applies to Essential and Important Entities in the EU meeting size thresholds (50+ employees OR €10M+ annual turnover) in specific sectors.
SOC 2 (source) — No public evidence
SOC2 is relevant for service organizations that store, process, or transmit customer data, particularly in cloud services or SaaS.
Financials
Three-year financials
- 2024: revenue €750M, EBIT €210M, equity €4.8B
- 2023: revenue €650M, EBIT €180M, equity null
- 2022: revenue €575M, EBIT €156M, equity null
Financial Resilience Score: 8/10
Team Blue exhibits high financial resilience driven by its business model as a 'one-stop-shop' for digital enablement. The company maintains an exceptionally high recurring revenue rate (95% to 99%) and a net retention rate exceeding 100%, which provides highly predictable cash flows. Its operations are significantly profitable, with adjusted EBITDA margins approaching 40% and a consistent organic revenue growth rate of 10-13%. The group is backed by long-term institutional investors including Hg, CPP Investments, and Sofina, ensuring stable access to capital for its aggressive acquisition-led expansion strategy. However, the company operates with high leverage, typical for private equity-backed technology firms, with S&P Global reporting adjusted debt-to-EBITDA ratios between 7.6x and 8.3x. While its strong free operating cash flow (FOCF) conversion mitigates this risk, the debt burden remains a primary constraint on its credit rating. Resilience is further bolstered by geographic diversification across 22 European countries and a fragmented customer base of 3.3 million SMBs, which prevents over-dependence on any single client or regional market.
Key strengths: High recurring revenue (99%), Strong EBITDA margins (~40%), Large, diversified SMB customer base, Strong institutional backing (Hg, CPPIB, Sofina)
Risk factors: High financial leverage (Debt/EBITDA >7x), Integration risks from aggressive M&A, Intense competition in the European hosting market
Revenue by geography
- Benelux: 35%
- Southern Europe: 30%
- Nordics & CEE: 20%
- United Kingdom & Ireland: 15%
Revenue by product/service
- Web Hosting & Servers: 55%
- Domain Names: 25%
- SaaS (Compliance, Marketing, E-commerce): 15%
- Other Applications: 5%
Workforce by country
- Other: 1520
- Netherlands: 600
- Italy: 550
- United Kingdom: 450
- Belgium: 180
Signed-in users can see whether their own company is exposed to this vendor's disruption, plus the full sub-vendor list and country breakdowns, every in-scope compliance framework plus gaps and next steps, and alerts when any of it changes.