Large brandable domain marketplace swallows another.
Brandable domain marketplace BrandBucket has acquired competitor Brandroot, the company announced today. The acquisition was completed June 20 and the price was not disclosed.
Combined, the two companies have 70,000 domain names and 1,000 domain sellers. Brandroot is the smaller of the two with about 20,000 domain names.
The site uses logos to sell complete brands to startups and other businesses.
As of now, both sites are operating. I wouldn’t be surprised if BrandBucket pulls Brandroot’s inventory into its own site and sunsets Brandroot in the future.
The company said sellers should stay tuned for more announcements about the acquisition and integration plans.