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Endurance International is extremely well positioned in fragmented market..

Tue, 8th November 2011, 23:45

Warburg Pincus and GS Capital Partners (private equity arm of Goldman Sachs) announced that they have reached an agreement to acquire a majority stake in web hosting provider Endurance International Group, from Accel-KKR.   Endurance's current management team and Accel-KKR will continue to maintain an interest in the Company.  Terms of the transaction were not disclosed in the press release but Reuters is reporting that "a person" familiar with the matter said the firm, Endurance International Group, would change hands for about $1 billion, or 7.5 times forward earnings before interest, tax, depreciation and amortization.

While the press release doesn't specifically mention Endurance International recent acquisition of Canadian web host Netfirms, GS Capital Partners' Managing Director, Joe DiSabato does state "Endurance is extremely well positioned as a leader in its rapidly growing yet fragmented market, and we look forward to working with the Company, Warburg Pincus and Accel-KKR in the next stage of building this enterprise."

While it is open to speculation exactly what that statement confers, negative reviews from Netfirms clients have positioned Netfirms next to last on HostJury's Reviewed Host List.  But the good folks at Warburg Pincus and GS Capital Partners never paid that kind of cash for a fragmented market and  the recently acquired Canadian web host Netfirms.   There's are numerous other companies and hosting brands out there actually owned by the same folks at Endurance International Group including the now infamous iPowerWeb.

AccountSupport
BizLand
BlueDomino
BlueHost
Dot5
DomainHost
EasyCGI
eHost
EntryHost
FastDomain
FatCow
FreeYellow
HostCentric
HostClear
HostYourSite
HyperMart
HostMonster
ImOutDoors
iPowerWeb
iPage
JustHost
NetFirms
NetWorksHosting
PowWeb
PureHost
ReadyHost
Startlogic
SuperGreen Hosting
USAnetHosting
VirtualAve
Xeran

Did I miss any?  

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