Tuesday, July 5, 2011

Go Daddy Sold To Private Equity Firms

Scottsdale, Arizona-based Go Daddy Group, the domain name registrar headed by Bob Parsons, said late Friday that it was acquired by three private equity firms. The firm said it will receive a strategic investment and enter into a partnership with KKR, Silver Lake, and Technology Crossover Ventures. Go Daddy was advised by Qatalyst Partners, along with Barclays Capital, Deutsche Bank Securities, Inc., and RBC Capital Markets.