M&A Deal Summary

Web.com Acquires SnapNames.com

On February 28, 2014, Web.com acquired internet software and services company SnapNames.com from KeyDrive S.A.

Acquisition Highlights
  • This is Web.com’s 9th transaction in the Internet Software and Services sector.
  • This is Web.com’s 10th transaction in the United States.
  • This is Web.com’s 1st transaction in Oregon.

M&A Deal Summary
Date 2014-02-28
Target SnapNames.com
Sector Internet Software and Services
Buyer(s) Web.com
Sellers(s) KeyDrive S.A.
Deal Type Divestiture

Target

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.

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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 10 of 17
Sector (Internet Software and Services) 9 of 15
Type (Divestiture) 1 of 2
State (Oregon) 1 of 1
Country (United States) 10 of 11
Year (2014) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-08-03 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.

Buy $405M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-07-31 Scoot

Stockton-on-Tees, United Kingdom

Scoot (Uk) Ltd. is a local online directory company in the United Kingdom.

Buy -

Seller(S) 1

SELLER

KeyDrive S.A.

Luxembourg, Luxembourg
Category Company
Founded 2011
Sector Internet Software and Services
DESCRIPTION

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.

DEAL STATS #
Overall 1 of 1
Sector (Internet Software and Services) 1 of 1
Type (Divestiture) 1 of 1
State (Oregon) 1 of 1
Country (United States) 1 of 1
Year (2014) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-03-08 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 -
Mergr

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