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Founders out as Com Laude gets equity injection

Corporate registrar Com Laude is losing four company founders as part of a new investment from the private equity firm PX3 Partners.

The company said last week that founders Nick Wood and Lorna Gradden will exit the firm, along with Penny Hearn and Andrew Lothian, who founded Demys, which Com Laude acquired in 2018. Wood will stick around to consult for a while.

The privately held, London-based registrar did not disclose the size of the investment or the new ownership structure, but it did say that former investor Vespa Capital is also out.

Com Laude focuses on the corporate market and brand protection services and has over 211,000 gTLD domains under management at the last count.

CEO Glenn Hayward said in a blog post that PX3 was picked for its “deep network of international relationships and experience in helping companies scale and internationalise”.

Com Laude acquires Scottish rival

Kevin Murphy, September 11, 2018, Domain Registrars

Brand protection registrar Com Laude has picked up smaller competitor Demys for an undisclosed sum.
Demys, based in Edinburgh, is an ICANN-accredited registrar that specializes in the UK automotive, retail/leisure, media and consumer goods sectors.
It also acts as the registry manager and exclusive registrar for .bentley, the lightly-used dot-brand of luxury car-maker Bentley Motors.
It had around 12,000 gTLD domains under management at the last count, about 7,200 of which were in .com.
It’s about an eighth the size of Com Laude in terms of gTLD domains under management.
Demys has a very light footprint in new gTLDs, with local geo .scot — where it is the largest corporate registrar and fifth-largest registrar overall — being a notable exception.
London-based Com Laude said it was also interested in the company for its brand monitoring services and dispute resolution work.
Two of Demys’ top guys act as arbitrators for UDRP and .uk’s Dispute Resolution Service.