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.
Congrats to the Igloo team – great people
Thanks, Frank!
Thank you for the well wishes!
Thanks, Frank! I’m very blessed to have such great people around me.
Congratulations ! That’s a smart move . Ex Netnames, I see !!!. Does that mean you and Amanda are moving to London.
Thank you! Not moving to London – Amanda and I will be launching BrandIT North America!
Kudos. Hopefully there was some ‘trickle-down’ recognizing the efforts of those that got them there.
Thanks, Scott 🙂
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.
Thanks, Bill – right back at ya! 😉 We look forward to doing more deals together moving forward!
“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.
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!
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!
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!
Top notch team at IGLOO. Always very helpful. & Tessa is hardworking, resourceful and always friendly.
Congrats!
Thanks, Steve – much appreciated!