GoDaddy, the world’s largest domain registrar, has been sold to three private equity firms in a deal valued at $2.25 billion, the company announced late Friday.
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.
“What these guys see is a company with a lot more potential internationally and more potential to make partnerships and acquisitions,” Bob Parsons, the company’s chief executive and founder, said. “They’ll help us finance and they’ll help us recruit talent.”
From 2009 to 2010 the company’s sales grew by 25% to $947 million, and the company projects its figure for 2011 to be $1.1 billion.
