Ventura Partners advised Natro shareholders sale to team.blue
Founded in 1999, Natro is one of Turkey’s leading hosting providers. It has a comprehensive product range that includes domain names, web hosting solutions, email, virtual servers and various security solutions. With over 120.000 customers and 500K+ domain names registered, it holds leading positions across multiple market segments. The Turkish webhosting and application segment has over 80M potential customers.
team.blue of Belgium acquired 100% of the Natro shares from its current owners. The company of 70 employees in the Istanbul office continues to operate under the leadership 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 area.
“Now backed by one of the largest European hosters, Natro will continue to dominate the Turkish market. I’m excited about this transaction very much as it clearly shows and demonstrates the resilience of Turkish M&A with more closings coming during the Pandemic” said Kerim Kotan.