GoDaddy Made a $42 Million Acquisition | DomainInvesting.com
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GoDaddy Made a $42 Million Acquisition

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In GoDaddy’s most recent 10-Q quarterly report filing with the US Securities & Exchange Commission, the company reported a major acquisition and some other interesting business information.

On page 20 of the filing, GoDaddy stated, “In April 2016, we completed an immaterial acquisition for cash consideration of $42.0 million.” George Kirikos speculated about the acquisition that was reported, since the filing made no mention of it by name:

On page 12 of the filing, GoDaddy also shared an update about its aftermarket domain name sales. I believe this refers to the domain portfolios the company acquired such as the domain name portfolio from Marchex and the domain name portfolio from Most Wanted Domains (Mike Berkens). Here’s what George Kirikos shared about that:

There’s quite a bit of interesting information in the filing, so have a look when you have some free time.

As always, thanks to George Kirikos for sharing his insight.


About The Author: Elliot Silver is an Internet entrepreneur and publisher of DomainInvesting.com. Elliot is also the founder and President of Top Notch Domains, LLC, a company that has sold seven figures worth of domain names in the last five years. Please read the DomainInvesting.com Terms of Use page for additional information about the publisher, website comment policy, disclosures, and conflicts of interest.


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Comments (8)

    M. Menius

    Is there a link or more information available regarding the “Elite Domains” deal mentioned by George Kirikos?

    May 6th, 2016 at 8:19 pm

    Andrea Paladini

    Wow, nice purchase!
    Well, if GoDaddy is interested we are representing one of our clients who is divesting a great Portfolio of 353 high-quality LLL.com, price is negotiable :)
    Let’s make a deal 😉

    May 6th, 2016 at 8:30 pm

      BullS

      If Godaddy is interested in my portfolio which I know most of you are also very interested , you know how to contact me.

      In reply to Andrea Paladini | May 7th, 2016 at 10:02 am

    Alan

    Elliot:

    Thank you for consistent quality of content of your articles.

    I have a background in commercial Particle Physics and self-taught hyper Local Google Page-1 Ranking.

    Now I am turning my attention to Domaining… working on a vertical learning curve.

    Much appreciate your diversified, intelligent, and educational articles!

    Thank you much,

    ~ Alan

    May 7th, 2016 at 12:07 pm

      Elliot Silver

      Thanks for the compliment. Wishing you all the best with your domain names.

      In reply to Alan | May 7th, 2016 at 4:01 pm

    Mark

    Along with domain investing, I’m a stock investor. I’m trying to stay away from small companies as there’s just not enough available information and too much lumpiness, but considering I am quite familiar with Godaddy (all my names there), and of course familiar with the domain and web hosting business, I’d like to hear opinions from people here on how investable they think GDDY is?

    I’m not looking at any hypergrowth in the domain world, where name prices will continue to accelerate as they have in the past. However, it seems Godaddy is really starting to dominate the sector. Personally, I am VERY pleased with the new association with Afternic and I am selling the heck out of BIN priced names through it — way more than Sedo. I love how keys a name they want to register into Godaddy and then the BIN price you’ve set with Afternic shows up and the person can buy it then and there in Godaddy. People balk at the commission — hell, I’ll pay commissions every day for so many sales (just price the names a bit more).

    So, opinions on the stock, GDDY?

    May 9th, 2016 at 10:33 am

      Michael Castello

      GoDaddy has global reach and brand recognition with the layperson. That’s a major accomplishment which will drive clients to them in an ever growing market. I haven’t looked at their prospectus but my gut tells me they are an upside for investment. They are hovering around $30 a share and seem to be reinvesting in their products and services. In my opinion they appear confidant of a future plan to grow.

      FYI: I don’t own GoDaddy stock

      In reply to Mark | May 11th, 2016 at 10:33 pm

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