Ten days ago, GoDaddy announced it will be acquiring Uniregistry. The deal terms and value were not announced by either company, and I do not anticipate the exact details of the sale will be shared by GoDaddy, Uniregistry, or Uniregistry Founder Frank Schilling. It does appear that we now have a price range for the deal based on GoDaddy’s 2019 Annual Report.
Here’s an excerpt from the report that references the acquisitions GoDaddy recently made:
In February 2020, we entered into agreements for two acquisitions with an aggregate purchase price of approximately $196.9 million, of which $149.1 million has been paid in cash. The remaining $47.8 million will be paid upon receipt of certain regulatory approvals and satisfaction of other customary closing conditions as well as upon the expiration of the contractual holdback period.”
I reached out to a representative from GoDaddy to ask if this figure includes the company’s recent acquisition of Over, a social content startup. This acquisition was reported by TechCrunch in late January and the Annual Report referred to two acquisitions from February. I was told that this figure includes the acquisition of Over, so the Uniregistry deal was for the $196.9 amount minus whatever Over cost to acquire.
Even though we do not know know the exact amount of the Uniregistry sale, I would imagine GoDaddy got a very good price and Frank Schilling landed on a very nice deal as well. There aren’t many people who can say they built a company and sold it for nine figures, and it sure does seem like that happened with Frank.
If I see any more information that brings additional clarity to the deal, I will share it.