GoDaddy seeks $1bn buyer
Superbowl smut-monger touted about
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GoDaddy, the web hosting and domain sales firm, is reportedly up for sale and seeking private equity bids of more than $1bn.
The Arizona-based outfit, best known for its smutty adverts during the Super Bowl, is being shopped around by Qatalyst Partners, the Wall Street Journal said.
Qatalyst Partners, run by investment banker Frank Quattrone, recently advised 3PAR during Dell and HP's bidding war.
GoDaddy reportedly had sales of between $750m and $800m last year. It's currently privately-held by Bob Parsons, an outspoken, gun-toting ex-US Marine. Earlier this year it was rumored he would take his firm public.
Quattrone founded Qatalyst Partners after his 2004 conviction for obstructing an investigation into dodgy dotcom-era IPOs was overturned. ®
COMMENTS
transfer any domain to us...
except .co.uk but only after we have your details will we tell you that it can't be transferred
Nightmare - never again.
Danica Patrick
Maybe they should have found a better ad girl than Danica Patrick.
I mean 3 pounds of makeup makes her acceptable looking, but doesn't really hide the fact that she is not beautiful.
In her "career", she has a grand total of one win.
Plus, most importantly. She CAN'T ACT!
Adequate service but so annoying to use
GoDaddy takes the Ryanair approach to domains. It starts off advertising dirt cheap domains but makes it difficult to get those prices. By the time you've navigated a gauntlet of nickel & diming & upselling the cost is nothing like what you started with. They also love spamming customers with a constant barrage of promotions.
Once you fight your way through this crap, the service is reasonable enough. They have online tools for the usual things and service is fast. It's too bad they make customers feel so icky in the process.
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