Will GoDaddy Be Sold?

7

Godaddy LogoLast week, we heard that a Go Daddy sale seemed imminent, with private equity companies KKR and Silver Lake being the most likely suiters. In fact, the Associated Press reported that “a deal is expected by Tuesday,” which is today. I’ve been keeping my eye on the news reports, and I haven’t heard much about any reported deals, so who knows what the status is at the present time.

I’ve already discussed what I hope happens with the company should a deal be consummated, but I want to know whether you think GoDaddy will be acquired sometime in the next few days as reported by several news outlets. We do know it was reported that the company put itself for sale in 2010, but no deal came of that foray.

So, do you think GoDaddy will be acquired by private equity firms in the coming days, or will Mr. Parsons opt to keep the company under his control?


7 COMMENTS

  1. I think with GD’s market share, they are worth more than the rumored price.

    I think they would be far better off going public, and Bob Parsons could still retain control of the company.

    In general private equity deals never benefit the customer.

    Brad

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