GoDaddy.com Reportedly Up for Sale

Internet domain registration company GoDaddy.com is reportedly putting itself up for auction.

The company could sell for more than $1 billion, according to a Wall Street Journal report, which cites people familiar with the matter as saying Qatalyst Partners, a boutique investment banking firm run by Frank Quattrone, has been hired to handle the auction process.

The report speculates that private equity could get into the bidding, noting that Vector Capital, a San Francisco-based buyout firm, completed its sale of Register.com to Web.com(WWWW) for $135 million earlier this summer.

Read Full Article from TheStreet.com

- Posted: 2010-09-10 20:56:31

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