GoDaddy: Well known Domain Name Company Could Sell For $2.5 Billion

GoDaddy, the domain-name/hosting company known for its sexy Super Bowl ads, is close to being purchased by two private investment companies between $2 – $2.5 billion. That’s according to a person close to the deal.

The person says a deal is expected by Tuesday. The person spoke on condition of anonymity because the deal hasn’t been publicly announced.

The contact said the sale of the company is being co-led by Silver Lake Partners and KKR & Co. Private equity and venture capital firm Technology Crossover Ventures will be involved as a smaller partner.

Go Daddy was founded in 1997 domain name registration of than 48 million domain names. It is a private company.

KKR’s desire for Go Daddy was reported earlier by the New York Post

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