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M&A Deal Summary

Web.com Acquires Freeparking

On November 8, 2020, Web.com acquired internet software and services company Freeparking

Acquisition Highlights
  • This is Web.com’s 15th transaction in the Internet Software and Services sector.
  • This is Web.com’s 1st transaction in New Zealand.

M&A Deal Summary
Date 2020-11-08
Target Freeparking
Sector Internet Software and Services
Buyer(s) Web.com
Deal Type Add-on Acquisition

Target

Freeparking

Auckland, New Zealand
Freeparking is a domain name registrar and web hosting, provider. Freeparking provides domain names, web hosting, and market-leading online solutions to over 90,000 unique customers. Our mission is to unlock the growth potential for our customers’ businesses. Freeparking was founded in 2000 and is based in Auckland, New Zealand.

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Buyer(S) 1

Buyer

Web.com

Jacksonville, Florida, United States
Category Company
Founded 1997
Sector Internet Software and Services
Employees3,600
Revenue 749M USD (2017)
DESCRIPTION

Web.com is a provider of website-building tools, services, and internet solutions. The company offers a comprehensive suite of website design, customer support, and technology platforms tailored to the needs of the small and medium-sized businesses. Additionally,Web.com Group partners with enterprise companies to help these partners build stronger, more profitable relationships with their business customers. Web.com was formed in 1997 and is headquartered in Jacksonville, Florida.

DEAL STATS #
Overall 17 of 17
Sector: Internet Software and Services M&A 15 of 15
Type: Add-on Acquisition M&A Deals 15 of 15
Country: New Zealand M&A 1 of 1
Year: 2020 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-07-13 WebCentral Pty

Sydney, Australia

WebCentral is a full-service digital services partner for small and medium businesses - fuelling the growth of local businesses from inception to acceleration. Since its founding in 1996, Webcentral (previously Melbourne IT Group and Arq Group) has helped fuel the digital success of more than one million Australian small to medium businesses. With roots in domain name and hosting, Webcentral is the small and medium business digital growth solution experts helping businesses get online, improve their online performance, and protect their online presence.

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