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Registrar giant created as Web.com merged with Endurance
Kevin Murphy,
February 11, 2021, 18:33:22 (UTC),
Domain Registrars
Clearlake Capital Group, which has taken Endurance International private and recently took a big stake in Web.com, has merged the two registrar stables to create a new company it’s calling Newfold Digital.
By my reckoning, Newfold has probably become the second-largest registrar group by domains under management, with around 16.5 million gTLD names across just its best-known half-dozen brands, leapfrogging Namecheap and Tucows in the registrar league table.
That number’s probably a big understatement. It doesn’t capture ccTLDs and does not take into account that the company now has hundreds of active ICANN accredited registrars, largely due to Web.com’s drop-catching business.
Its best-known registrar brands are Register.com, Network Solutions, Domain.com, BuyDomains, BigRock, PublicDomainRegistry and CrazyDomains. Its BlueHost and HostGator brands are both pretty big deals in web hosting.
Clearlake says Newfold has 6.7 million customers worldwide.
The privatization of Endurance, which sees it delisted from the Nasdaq stock exchange, was announced in November and cost Clearlake $3 billion. The value of its Web.com stake, which it acquired last month, was not disclosed.
Siris Capital, which bought Web.com in 2018, continues to have a stake.
Newfold will be led by two Web.com execs — CEO Sharon Rowlands and CFO Christina Clohecy.
The deal follows Web.com’s unsuccessful attempt to buy Webcentral last year.
There’s no word on (presumably inevitable) layoffs as the two companies come together.
Hello Kevin,
Is this coincidence ? They are taking a 1 word (.com EPA) and rebranding to a 2 word (.com EPA) . JAS 2/11/2021
Gratefully,Jeff Schneider (CONTACT GROUP) We don’t Follow, We Create
Yes, they can now sell the web.com domain name to repay the acquisition loan. *irony*