M&A Deal Summary

Web.com Acquires Network Solutions

On August 3, 2011, Web.com acquired internet software and services company Network Solutions from General Atlantic for 405M USD

Acquisition Highlights
  • This is Web.com’s 8th transaction in the Internet Software and Services sector.
  • This is Web.com’s largest (disclosed) transaction.
  • This is Web.com’s 9th transaction in the United States.
  • This is Web.com’s 1st transaction in Virginia.

M&A Deal Summary

Date 2011-08-03
Target Network Solutions
Sector Internet Software and Services
Buyer(s) Web.com
Sellers(s) General Atlantic
Deal Type Add-on Acquisition
Deal Value 405M USD
Advisor(s) Goldman Sachs
Deutsche Bank Corporate & Investment Banking (Financial)
Paul, Weiss, Rifkind, Wharton & Garrison (Legal)

Target

Network Solutions

Herndon, Virginia, United States
Network Solutions LLC is a provider of online solutions for small businesses. Network Solutions provides a variety of Internet services, including domain name registration, e-mail services, Web-site hosting and creation tools, and other value-added services for its more than 4 million customers. Network Solutions LLC was established in 1979 and is based in Herndon, Virginia.

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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 9 of 17
Sector (Internet Software and Services) 8 of 15
Type (Add-on Acquisition) 9 of 15
State (Virginia) 1 of 1
Country (United States) 9 of 11
Year (2011) 1 of 1
Size (of disclosed) 1 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-08-02 Register.com

New York, New York, United States

Register.com, Inc. is a provider of global domain name registration and complementary website design and management services.

Buy $135M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-02-28 SnapNames.com

Portland, Oregon, United States

SnapNames is the web’s domain name marketplace of choice. It bring businesses global access to already-registered domains with the convenience of online and mobile shopping. Together with our partners and technology, we offer a selection of over 30 million domain names annually at price points to meet any budget.

Buy -

Seller(S) 1

SELLER

General Atlantic

Investor Investor Investor Investor Investor


Category Growth Capital Firm
Founded 1980
PE ASSETS 73.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

General Atlantic is a large private equity firm that invests globally in growth-oriented public and private companies. Broad areas of interest include financial services, media and consumer, healthcare, enterprise solutions, communications and electronics, and energy. General Atlantic looks to invest $40 to $400 million in transactions that support growth, expansions, buy-outs, consolidations and build-ups. General Atlantic seeks to make 8 to 12 investments per year with an investment horizon of five to ten years. The Firm's geographic coverage spans North America; Europe; Asia/Pacific; and India. General Atlantic was formed in 1980 and is based in Greenwich, Connecticut.


DEAL STATS #
Overall 45 of 146
Sector (Internet Software and Services) 6 of 24
Type (Add-on Acquisition) 17 of 44
State (Virginia) 1 of 2
Country (United States) 24 of 75
Year (2011) 7 of 9
Size (of disclosed) 20 of 33
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-07-26 Linx

Sao Paulo, Brazil

Linx is a provider of software and services to retailers in Brazil. Linx offers a complete solution to almost all retail verticals, including apparel, footwear, supermarkets, home centers, drug stores, electronics and appliances, accessories, jewelry, gifts, auto dealers, food service, entertainment, and eCommerce. Linx was founded in 1985 and is based in Sao Paulo, Brazil.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-09-14 Tenfu

Xiamen, China

Tenfu is a tea brand and retailer of tea products. Tenfu was founded in 1993 and is based in Xiamen, China.

Buy -