GoDaddy Bought By KKR, Others
GoDaddy Group Inc., a closely-held company that registers Internet domain names, agreed to be bought by private-equity firms KKR & Co., Silver Lake Partners and Technology Crossover Ventures.
The companies declined to provide a purchase price, but people familiar with the matter said the deal is worth $2.25 billion, roughly half of which is debt.
"We are partnering with KKR, Silver Lake and TCV because of their technology expertise, their understanding of web-based businesses and because their values align with ours," GoDaddy Chief Executive and founder Bob Parsons ...
Go Daddy sold in a deal valued at $2.25 billion
Go Daddy sold in a deal valued at $2.25 billion - latimes.com
Go Daddy Group Inc. has been sold to a group of private equity firms in a deal valued at $2.25 billion. The purchase, which includes assumption of the company's debt, was announced Friday afternoon by Go Daddy and the group of firms, made up of KKR & Co., Silver Lake Partners and Technology Crossover Ventures.