Go Daddy may be on the IPO track with its new investors and management.
Speaking to the Wall Street Journal about the possibility of going public, CEO Blake Irving said:
It’s not off the table. We’re growing at double digits [in terms of percentage] on the customer side, on revenue, on earnings, so the opportunity for us to have an IPO is quite good. The board is quite supportive of taking that direction, if that’s what we want to do.
Go Daddy famously yanked its planned IPO in 2006 just weeks before it was set to execute, apparently at the whim of then-CEO and majority owner Bob Parsons.
Since then, Parsons has taken a lower profile role at the company, and his shareholding was diluted to reportedly lower than 35% by an investment from KKR and Silver Lake Partners reportedly worth over $2 billion.
The short WSJ interview also reveals a few other interesting tidbits, such as the fact that Irving commutes to Go Daddy’s Arizona headquarters by plane once a week.
Go Daddy’s management shake-up continues apace, with the news last night that former interim CEO Scott Wagner has been appointed COO and CFO.
Wagner comes from KKR, one of three major investors to take a big stake in the registrar in 2011.
He was CEO in the interregnum between Warren Adelman’s short-lived stint and the appointment of Yahoo alum Blake Irving this January.
Irving has been filling senior spots at the company ever since taking over. Many of his new recruits are former Yahoo colleagues.
GoDaddy said in a press release that its sales hit almost $1.3 billion last year and that it has more than 11 million customers.
Go Daddy has “broken ground” on a new 150,000 square foot facility in Tempe, Arizona.
The new Global Technology Center will have room for 1,300 technology and customer care employees, the registrar said in a press release today. It expects to create 300 new jobs locally.
The construction project was ceremonially kicked off by CEO Blake Irving and Arizona governor Jan Brewer today.
Go Daddy is of course a native of the state, with its headquarters in Scottsdale.
The new two-story center will be located in Arizona State University Research Park, and is set for completion in 2014.
Go Daddy has made its third top-level hire from CEO Blake Irving’s alma mater, Yahoo.
Elissa Murphy, formerly vice president of engineering, will join the registrar as chief technology officer and head of platform, All Things D reports.
Go Daddy has reportedly confirmed the move, saying she’s due to start next month.
The news comes just a few weeks after the company recruited James Carroll from Yahoo to head its international business.
Irving joined Go Daddy in January.
Go Daddy has hired another Yahoo executive to join its senior management.
James Carroll, senior vice president of the consumer and global platform group, is to head Go Daddy’s international business, according to All Things D.
Go Daddy is of course now headed by former Yahoo Blake Irving, who has made international expansion one of his key growth strategies.
Irving hired Carroll at Yahoo too, All Things D reported.
With Yahoo apparently undergoing a shakeup under its new CEO Marrissa Meyer, it’s not impossible we might see more execs winding up at Go Daddy before long.