Add-on Acquisition • Internet Software and Services

Team Internet Acquires SK-NIC a.s.

On August 25, 2017, Team Internet acquired internet software and services company SK-NIC a.s. for 26M EUR

Acquisition Context
  • This is Team Internet’s 4th transaction in the Internet Software and Services sector.
  • This is Team Internet’s largest (disclosed) transaction.
  • This is Team Internet’s 1st transaction in Slovakia.

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M&A Deal Summary

Date August 25, 2017
Target SK-NIC a.s.
Sector Internet Software and Services
Buyer(s) Team Internet
Deal Type Add-on Acquisition
Deal Value 26M EUR

Target Company

SK-NIC a.s.

Bratislava, Slovakia
SK-NIC a.s. is a manager of the exclusive country code top-level domain for Slovakia, provides access to a new international market with sustainable growth characteristics - including growing demand for the .sk domain, the dominant domain in the Slovak market.
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Buyer Overview 1

Buyer

Team Internet

London, United Kingdom

Category Company
Founded 1996
Sector Internet Software and Services
Employees787
Revenue 837M GBP (2023)
DESCRIPTION

Team Internet is a provider of registry and registrar services. It is a technical registry services provider powering dozens of new top-level domain name applicants. Owning a large registrar gives its registry customers guaranteed market distribution. Team Internet was founded in 1996 and is based in London, United Kingdom.


Deal Context for Buyer #
Overall 4 of 9
Sector: Internet Software and Services 4 of 8
Type: Add-on Acquisition 4 of 9
Country: Slovakia 1 of 1
Year: 2017 1 of 1
Size (of disclosed) 1 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-12-09 Instra

Melbourne, Australia

Instra Corp. is a provider of domain names and other services to protect their brands online.

Buy AU$33M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-16 KeyDrive S.A.

Luxembourg, Luxembourg

KeyDrive S.A. is an internet solutions holding company. Its subsidiaries offer different internet related services. Among the core business areas are domain registration, monetization and aftermarket services. KeyDrive S.A. was founded in 2011 and is based in Luxembourg.

Buy -