Igloo will be part of European brand management company.
Domain name brokerage Igloo has agreed to be acquired by BrandIT, the company announced today.
BrandIT is a European corporate domain name management company that offers domain portfolio services, online brand protection/enforcement and other services for companies to manage their domain names.
Igloo has completed $140 million in brokerage transactions since it was founded seven years ago.
I haven’t heard of BrandIT before, but this acquisition interests me for two reasons:
1. It’s a European company, which should give domain sellers reach into a market that isn’t served by as many domain brokers.
2. As a company that serves corporations, domain sellers should be able to get their domains in front of end user buyers.
frank schilling says
Congrats to the Igloo team – great people
Jen Marchese says
Thanks, Frank!
Amanda Waltz says
Thank you for the well wishes!
Tessa Seelos Holcomb says
Thanks, Frank! I’m very blessed to have such great people around me.
Dot Advice says
Congratulations ! That’s a smart move . Ex Netnames, I see !!!. Does that mean you and Amanda are moving to London.
Tessa Seelos Holcomb says
Thank you! Not moving to London – Amanda and I will be launching BrandIT North America!
Scott Smith says
Kudos. Hopefully there was some ‘trickle-down’ recognizing the efforts of those that got them there.
Tessa Seelos Holcomb says
Thanks, Scott 🙂
Bill Sweetman says
This is exciting news and a smart move by a great team. I wish Tessa, Amanda, and the rest of the Igloo team lots of success with this next phase of their business. They are a class act.
Tessa Seelos Holcomb says
Thanks, Bill – right back at ya! 😉 We look forward to doing more deals together moving forward!
Max Menius says
“but this acquisition interests me for two reasons …”
$140 million in sales is an extraordinary achievement. Curious where this can go with their talents combined. The overlap between branding, marketing, and high-quality domains is becoming more clear each year.
Tessa Seelos Holcomb says
Thank you, Max! Similar to BrandIT’s, Igloo’s success has emanated from hard work, dedication and loyal clients. I agree the overlaps are becoming more clear and look forward to what the future brings!
cybertonic says
Always surprising/curious when “unknown” companies of the domain industry buy “popular” ones, happening a lot lately…
Very happy for the igloo people, it’s always great when hard work finish paying.
Some crazy things you plan to do with your earnings Tessa? Make us dream!
Tessa Seelos Holcomb says
Than you, Francois – we appreciate your kind words and support. We plan to keep working hard and look forward to building the new BrandIT North America team!
steve says
Top notch team at IGLOO. Always very helpful. & Tessa is hardworking, resourceful and always friendly.
Congrats!
Tessa Seelos Holcomb says
Thanks, Steve – much appreciated!