More consolidation in the domain name industry as Web.com to join with Endurance. Endurance International Group plans to acquire Web.com and rename itself Endure Digital. In September, Web.com owner Siris Capital opened a position in Endurance. ... Continue Reading7 Comments
2020 in Review: Consolidation
· UncategorizedTwo major registries were among the domain name businesses gobbled up in 2020. This is the second in a series of posts about the domain name industry in 2020. Read the others here. If you want to make a guaranteed prediction about the future of ... Continue Reading1 Comment
Endurance International Group to go private in $3 billion deal
· Domain RegistrarsClearlake Capital to acquire EIGI. Clearlake Capital Group is acquiring Endurance International Group (NASDAQ: EIGI) in a $3 billion deal (including debt). The private equity company will pay $9.50 per share, a 64% premium over Friday's closing ... Continue Reading2 Comments
Web.com owner takes position in Endurance International Group
· Domain RegistrarsInvestment firm accumulates a small stake in Web.com competitor. Siris Capital, the private equity company that owns Web.com, has opened a position in Endurance International Group (NASDAQ: EIGI). The investment firm owned a 2.39% stake in ... Continue ReadingLeave a Comment
Endurance experiences Covid tailwinds as revenue grows
· Domain RegistrarsIncrease is businesses going online helps Endurance in second quarter. Endurance International Group (NASDAQ: EIGI), a rollup of domain name, hosting and marketing services for small businesses, reported earnings this morning. Its numbers were ... Continue ReadingLeave a Comment
How domain name stocks fared in stock market rout
· Domain RegistrarsNot well. Stock markets were up nearly 10% on Friday, and it was a sigh of relief in a tumultuous period. Stocks have been pummelled as the world goes into hiding over fears of the COVID-19 outbreak. The Dow 30 is down 22% since its peak on ... Continue Reading8 Comments
.Com winners and Losers: Dynadot stays hot
· Domain RegistrarsDynadot remains in the top ten registrars for new .com registrations. ICANN has published the latest official data from Verisign (NASDAQ: VRSN) about the .com namespace. This registrar-by-registrar report covers May 2019. Dynadot jumped into the ... Continue Reading9 Comments
Endurance writes off another $17.9 million from BuyDomains deal
· Domain SalesIt's the second big impairment charge from the acquisition. Endurance International Group (NASDAQ: EIGI) has taken another big impairment charge related to its 2014 acquisition of BuyDomains for $45 million. In its latest quarterly filing, the ... Continue Reading8 Comments
Endurance reports earnings, domain customer growth
· Domain RegistrarsGreen shoots at Endurance International Group? Endurance International Group (NASDAQ: EIGI) reported second-quarter earnings this morning. All major metrics for the business continue to decline as forecasted. Revenue was $278.2 million, down ... Continue ReadingLeave a Comment
Endurance International Group reports declining numbers as it simplifies
· Policy & LawRoll-up's numbers slip as it simplifies its business. Endurance International Group (NASDAQ: EIGI) reported fourth quarter and full year 2018 earnings this morning. Revenue, adjusted EBITDA and subscriber numbers were all down ... Continue Reading1 Comment