KKR & CO. L.P. 
By news release
Contact: Elizabeth L. Driscoll/V.P. Public Relations
480.505.8878
PR@GoDaddy.com
IT'S OFFICIAL: GO DADDY PARTNERSHIP IS A "DONE DEAL"Go Daddy, KKR, Silver Lake & TCV Join Forces to Create Bigger Tech Powerhouse
SCOTTSDALE, Ariz. (Dec. 16, 2011) - Go Daddy now officially includes strategic financial partners, KKR, Silver Lake and Technology Crossover Ventures. The three powerful technology players have joined Go Daddy, as part of an investment deal that officially closed today. The partnership creates a vibrant technology company poised to expand farther and faster internationally.
Go Daddy has long been the world's largest provider of Web hosting, domain names and net-new SSL Certificates. This new alliance expands Go Daddy's resources and is primarily focused on expansion of its cloud-based technology product offerings and acceleration with international growth.
Go Daddy's growth has been on a fast track for years. In
fact, the company is primed for double-digit sales increases
for an eighth consecutive year. Since the investment venture
was announced July 1, Go Daddy surpassed the 50 million
domain name mark, an Internet first, and grew its website
hosting base beyond 5.2 million accounts.
"People have asked me, with all the success Go Daddy is
having, why bring in partners now? My response is simple.
This is the right group of people at just the right time,"
said Go Daddy Founder Bob Parsons. "These three firms have
what it takes to help lift Go Daddy to the next level. KKR,
Silver Lake and TCV each have a keen sense for technology and
a proven savvy with international business affairs. We know
our new partners can help Go Daddy expand in ways that make
sense for both our customers and our company. That's why I
have insisted on continuing as Go Daddy's single largest
shareholder."
Go Daddy's product lines include comprehensive hosting
solutions, website creation services and building tools,
along with online storage, secure SSL Certificates,
personalized email with spam and anti-phishing filtering,
e-commerce tools, online marketing solutions and more. In
recent years, Go Daddy expanded its facilities with data
centers in The Netherlands and Singapore to better serve
customers in Europe and Asia.
"Go Daddy has always been a market leader with exceptional
customer service," said Herald Chen, Member of KKR. "We have
already been working with the Go Daddy team to expand its
market leadership through new product offerings and
international expansion."
Greg Mondre, Managing Director of Silver Lake said, "Go Daddy
is well positioned to expand with the exponential growth of
the Internet. Whether you are a small business or a thriving
operation anywhere in the world, Go Daddy has the resources
to create or elevate your Web presence … we are absolutely
focused on making it easy for small businesses to get
bigger."
TCV Co-Founder General Partner Rick Kimball, "for most anyone
to perform at a high-level in business right now, having a
good website is pivotal. Go Daddy is at the epicenter of
cloud-based technology implementation and is primed to offer
well-priced, reliable services to people and businesses
anywhere in the world."
14455 N. Hayden Road, Suite 219 • Scottsdale, AZ 85260 • T: 480.505.8800 • www.godaddy.com
About The Go Daddy GroupPage 2
Go Daddyis a leading provider of services that enable individuals and businesses to establish, maintain and evolve an online presence. Go Daddy provides a variety of domain name registration plans, as well as website design and hostingpackages.
Go Daddy has a broad array of cloud-based products and services. These include products such as SSLCertificates, Domains by Proxy private registration, ecommerce website hosting, blog software, search engine optimization utilities, email marketing
tools, website design services, website security software and online storage solutions. The Go Daddy Group has more than 51 million domain names under management. Go Daddy registers, renews or transfers more than one domain name every second
of every day. GoDaddy.comis the largest worldwide mass-market hosting provider by annual revenue according to Tier1
Research (Mass-Market Hosting Report-Winter 2011) and is the world's No. 1 domain name registrar according to Name
Intelligence, Inc. The Go Daddy Group registered more than one-third of all new domain names created in 2010 for the top six generic top-level domains, or gTLDs, including .com, .net, .org, .info, .biz and .mobi.
- The Go Daddy Group -
Copyright © 2011 GoDaddy.com. All Rights Reserved.
14455 N. Hayden Road, Suite 226 • Scottsdale, AZ 85260 • T: 480.505.8862 • www.godaddy.com
| distribué par | Ce noodl a été diffusé par KKR & Co. LP et initialement mise en ligne sur le site http://www.kkr.com. La version originale est disponible ici. Ce noodl a été distribué par noodls dans son format d'origine et sans modification sur 2011-12-16 22:51:43 PM et restera accessible depuis ce lien permanent. Cette annonce est protégée par les règles du droit d'auteur et toute autre loi applicable, et son propriétaire est seul responsable de sa véracité et de son originalité. |
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