Friday, September 10, 2010

GoDaddy Looks For Buyer, Says Report

Scottsdale, Arizona-based domain name registrar GoDaddy.com appears to be for sale, according to a report Friday from the Wall Street Journal. According to the WSJ, investment banking firm Qatalyst Partners, run by Frank Quattrone, is shopping GoDaddy to prospective buyers to private equity firms. No details on the move have been announced by GoDaddy. The WSJ said that GoDaddy reportedly had revenues of between $750M and $800M in 2009. Qatalyst's Quattrone was formerly at CS First Boston, heading up that firm's IPOs of Netscape, Cisco, and Amazon.com.