M&A Deal Summary

GoDaddy Acquires Poynt Co.

On December 15, 2020, GoDaddy acquired internet software and services company Poynt Co. for 320M USD

Acquisition Highlights
  • This is GoDaddy’s 22nd transaction in the Internet Software and Services sector.
  • This is GoDaddy’s 2nd largest (disclosed) transaction.
  • This is GoDaddy’s 19th transaction in the United States.
  • This is GoDaddy’s 9th transaction in California.

M&A Deal Summary

Date 2020-12-15
Target Poynt Co.
Sector Internet Software and Services
Buyer(s) GoDaddy
Deal Type Add-on Acquisition
Deal Value 320M USD

Target

Poynt Co.

Palo Alto, California, United States
Poynt Co. is a provider of cloud based payment platform services. Poynt was founded in 2013 and is based in Palo Alto, California.

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Buyer(S) 1

Buyer

GoDaddy

Tempe, Arizona, United States

Category Company
Founded 1997
Sector Internet Software and Services
Employees5,518
Revenue 4.6B USD (2024)
DESCRIPTION
GoDaddy's corporate headquarters in Scottsdale, Arizona.
GoDaddy's corporate headquarters in Scottsdale, Arizona.

GoDaddy is a provider software and tools for consumers and businesses. GoDaddy's software solutions include a variety of domain name registration plans, website design and hosting packages, and cloud-based solutions. Specific products include SSL Certificates, Domains by Proxy private registration, ecommerce website hosting, blog software, search engine optimization utilities, email marketing tools, website design services, website security software and online storage solutions. GoDaddy was formed in 1997 and is based in Tempe, Arizona.


DEAL STATS #
Overall 25 of 27
Sector: Internet Software and Services M&A 22 of 24
Type: Add-on Acquisition M&A Deals 21 of 23
State: California M&A 9 of 9
Country: United States M&A 19 of 20
Year: 2020 M&A 5 of 5
Size (of disclosed) 2 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-09-14 SkyVerge

Boston, Massachusetts, United States

SkyVerge is a WooCommerce product developer. SkyVerge has more than 60 WooCommerce extensions, spanning payments, email marketing, and memberships, used by over 100,000 eCommerce merchants for high-performance online stores.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-11 Pagely

Tucson, Arizona, United States

Pagely serves the Enterprise customer as the category leader for scalability, reliability, and customer satisfaction in Managed WordPress hosting. Pagely has been to help big brands scale WordPress by providing the expertise and transparency these discerning clientele demand. Pagely was founded in 2009 and is based in Tucson, Arizona.

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