Godaddy Is Looking For a $4.5 Billion Dollar Valuation In Its IPO Rolling Out Next Year

TUESDAY, 25 NOVEMBER 2014  the DOMAINS

According to the news from Domain.cn1(1) on November 25th,GoDaddy.com is pushing ahead with an initial public offering early next year that would value the world’s biggest domain registration service at roughly $4.5 billion

GoDaddy is stressing its desire to diversify from a domain registrar to a business that builds out  Web sites for customers and helping them to process transactions on their sites.

GoDaddy has an average revenue per user, of $112 up from $102 9 months ago

Adjusted earnings before interest, taxes, depreciation and amortization rose to $215 million, from $156 million.

GoDaddy’s backers, who paid $2.25 billion for the company in 2011, have incentive to proceed with an IPO.

GoDaddy borrowed $1.1 billion so it could pay KKR and Silver Lake a $350 million dividend.

The 4.75 percent interest loan falls by half a percent if GoDaddy goes public

 

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