Loy & Co. provided comprehensive support to the shareholders of TeamClimate in the sale of their shares to the Spanish company ClimateTrade.
July 2023
The Transaction
The shareholders and founders of TeamClimate have sold 100% of their company shares to the Spanish company ClimateTrade. ClimateTrade intends to integrate and expand Team Climate’s offerings into its existing portfolio, thus driving further growth.
The Companies
TeamClimate
TeamClimate is a B2C carbon offsetting provider that uses a self-programmed web app to help private individuals measure and reduce their carbon footprint and offset unavoidable emissions through certified climate protection projects. The web app was officially launched in 2020 and has since successfully acquired over 4,000 monthly paying customers from over 35 countries.
ClimateTrade
ClimateTrade is a climate technology company driving decarbonization through innovative solutions. Its marketplace enables companies and individuals to take action by neutralizing emissions through the purchase of carbon, plastic, and biodiversity credits, as well as carbon offset certificates (EACs). Its climate SaaS solutions enable companies of all budgets to seamlessly integrate the marketplace’s functionality into their own platforms, making their products and services carbon neutral.
