CentralNic acquires brand-focused registrar

CentralNic announced that it has acquired SafeBrands, a brand/corporate-focused domain registrar based in France.

The company will pay up to €3.6m ($4.4m) for the business. €3.0 million will be paid upfront and the rest is subject to meeting FY 20 financial objectives. The price is approximately 0.9x SafeBrand’s FY 2019 revenue. The business operates at approximately break-even.

SafeBrands currently caters only to French-speaking customers. CentralNic plans to extend this to other languages, giving the company upside in the transaction.

CentralNic Group Plc (LON:CNIC) provides registry services, distribution, and strategic consultancy for new TLDs, ccTLDs and SLDs.

Click to view all articles for the EPIC:
Or click to view the full company profile:
Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Centralnic Group Plc

More articles like this

CentralNic

CentralNic Group to acquire Wando Internet Solutions GmbH

CentralNic Group plc (LON:CNIC), the global internet platform that derives revenue from the subscription sales of domain names and web services, has announced that it has entered into a binding agreement to acquire Wando Internet Solutions GmbH for an initial

CentralNic

Spotlight on .BEST

CentralNic Group Plc (LON:CNIC) provides registry services, distribution, and strategic consultancy for new TLDs, ccTLDs and SLDs.

CentralNic

How domain names can impact customer engagement

In the wake of the pandemic, companies of all shapes and sizes have had to rethink how they interact with their customers. Suddenly, a whole slew of issues and problems that have been brewing for a long time

CentralNic

CentralNic to issue €15 million debt for more acquisitions

Domain name industry rollup CentralNic (AIM: CNIC) plans to issue more bonds to pay for additional acquisitions. The company announced plans to issue €15 million in bonds “for consideration for the acquisition of near-term identified targets.” CentralNic Group Plc (LON:CNIC)

CentralNic

CentralNic Group fixed income investor meetings

CentralNic Group plc (LON:CNIC), the global internet platform that derives revenue from the subscription sales of domain names and web services, has announced that the bondholder meeting held on 29 January 2021 has approved the amendment to the bond terms