Private-equity firms KKR & Co. and Silver Lake Partners, along with a third investor, are nearing a deal to buy GoDaddy Group Inc., the closely-held company that registers Internet domain names, for between $2 billion and $2.5 billion, people familiar with the matter said.
An announcement of the sale could come as early as next week, although a deal hasn’t been signed yet and the people cautioned that an agreement may not be reached.
Private equity and venture capital firm Technology Crossover Ventures is also a minority investor in the proposed deal for Scottsdale, Ariz.-based GoDaddy, one of the people familiar with the matter said.
Read the rest of this post on the original site »Private-equity firms KKR & Co. and Silver Lake Partners, along with a third investor, are nearing a deal to buy GoDaddy Group Inc., the closely-held company that registers Internet domain names, for between $2 billion and $2.5 billion, people familiar with the matter said.
An announcement of the sale could come as early as next week, although a deal hasn’t been signed yet and the people cautioned that an agreement may not be reached.
Private equity and venture capital firm Technology Crossover Ventures is also a minority investor in the proposed deal for Scottsdale, Ariz.-based GoDaddy, one of the people familiar with the matter said.
Read the rest of this post on the original site »
Original Link: http://allthingsd.com/20110624/kkr-others-near-deal-to-buy-godaddy/
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