M&A Deal Summary

Tucows Acquires Mailbank.com

On June 15, 2006, Tucows acquired internet software and services company Mailbank.com for 18M USD

Acquisition Highlights
  • This is Tucows’ 3rd transaction in the Internet Software and Services sector.
  • This is Tucows’ largest (disclosed) transaction.
  • This is Tucows’ 4th transaction in the United States.
  • This is Tucows’ 1st transaction in Nevada.

M&A Deal Summary

Date 2006-06-15
Target Mailbank.com
Sector Internet Software and Services
Buyer(s) Tucows
Deal Type Add-on Acquisition
Deal Value 18M USD

Target

Mailbank.com

Reno, Nevada, United States
Mailbank.com Inc. (dba NetIdentity) is a privately held, profitable business owning and managing a domain name portfolio. Company offers personalized Internet services through its channel of over 6,000 Internet access and hosting providers.

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Buyer(S) 1

Buyer

Tucows

Toronto, Ontario, Canada

Category Company
Founded 1992
Sector Internet Software and Services
Employees1,045
Revenue 339M USD (2023)
DESCRIPTION

Tucows is a provider of internet services for hosting companies and ISPs. Tucows was founded in 1992 and is based in Toronto, Canada.


DEAL STATS #
Overall 4 of 7
Sector (Internet Software and Services) 3 of 5
Type (Add-on Acquisition) 4 of 6
State (Nevada) 1 of 1
Country (United States) 4 of 6
Year (2006) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-04-21 Boardtown

Starkville, Mississippi, United States

Boardtown Corp. is a provider of billing and subscriber management software solutions to service providers worldwide.

Buy $4M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-07-25 InnerWise

Toronto, Ontario, Canada

InnerWise, Inc. (ItsYourDomain.com) is a provider of domain services to web hosting companies. It has more than 700,000 domain names under management.

Buy -