Endurance International Group (EIG) has sold for $3 Billion USD!

FranciscoFrancisco Hosting ProviderOG
edited February 16 in Industry News

Didn't see this get announced in November, but it seems it finally closed yesterday:

Clearlake Capital Group, L.P. (together with its affiliates, "Clearlake") today announced the completion of its acquisition of Endurance International Group Holdings, Inc. ("Endurance") in an all-cash transaction valued at approximately $3.0 billion including outstanding indebtedness.

The transaction, which was originally announced on November 2, 2020, was approved by Endurance's stockholders on January 14, 2021. In connection with the closing of the transaction, Endurance will be delisted from NASDAQ.

I wonder if they'll start culling of a lot of the smaller companies and focus on the main breadwinners.

Francisco

Thanked by (3)hey mikho Unixfy

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