team.blue CPP Investments 2024

TLDR

team.blue received EUR 550M from CPP Investments in July 2024 at a EUR 4.8B valuation, one of the largest single investment events in Belgian tech.

Overview

CPP Investments, the Canadian pension fund managing over CAD 600B in assets, invested EUR 550M in team.blue in July 2024. The deal valued team.blue at EUR 4.8B and gave CPP a significant stake in Europe's leading web hosting consolidator.

The investment confirmed team.blue's position as one of Belgium's most valuable private technology companies and provided capital for continued pan-European acquisition activity.