Msg#: 4330949 posted 7:27 pm on Jun 26, 2011 (gmt 0)
These investment firms tend to do these deals as Leveraged Buyouts: borrow most of the money, and then find a way to use the cash flow from the acquisition to pay-off the loan. Often it results in a combination of price increases and reduced staffing at the acquired firm. In the case of GoDaddy, we can probably also expect to see additional offers to wade through on the way to the checkout page. We'll see. It might be time for those affected to review available registrar options.
Go Daddy Group Inc., the website registration and hosting company, announced a deal with KKR & Co., Silver Lake Partners and Technology Crossover Ventures, or TCV, that values the company at $2.25 billion, said a person with knowledge of the matter.
Bob Parsons, founder and chief executive officer, will keep a minority stake in the company ...