Donuts
Inc., the
world's largest operator of new
gTLD domains with over 200
extensions in its portfolio
(including .live, .social and
.company to name just a few), announced
today that they have entered into an
agreement to be acquired by a
leading private equity firm, Abry
Partners. Terms and
timing of the agreement were not
disclosed.
Since
its founding in 1989, Abry has
completed more than $77 billion
of transactions, representing
investments in more than 650
properties. A former ICANN
CEO, Fadi Chehade, is among
the Abry Partners. Managing Partner Erik
Brooks said, “Donuts is
ideally positioned with the world’s
largest portfolio of new TLDs, a
proven team with deep experience in
scaling successful technology
companies, and a track record of
innovation in their industry. We are
excited to partner with Donuts and
support their next phase of growth
and success.”
Donuts President and CEO Bruce
Jaffe said, “We are delighted
to partner with Abry. Over the last
30 years, the firm has built a
stellar track record as one of the
premier media, communications,
business and information
services-focused private equity
investment firms in North America.
We believe their confidence in
Donuts underscores the power and
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Erik
Brooks
Managing Partner
Abry Partners
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magnitude
of our opportunity. Moreover, their
insights and expertise in our sector
will be of enormous benefit to
Donuts as we move forward.”
Prior
to being acquired Donuts has been
busy making acquisitions and
launching new services of their own.
In the last 18 months, they have
acquired Rightside, a
complementary registry with a
portfolio of 40 new TLDs and a
wholly-owned registrar subsidiary, Name.com;
launched BL.INK, a premier
enterprise short link management
platform used by leading brands
including Coca-Cola; added features
for registrars’ and resellers’
SMB customers and been ranked #1 in
the Deloitte Fast 500.
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(Posted
September 5, 2018)
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