Michael Daigle
Established Member
- Impact
- 322
I received a newsletter email this afternoon from FE International which reported the deal as an undisclosed 8-figure sum. I'm kinda bummed out because I actually tried acquiring Domainify.com a few years ago but was late to the party by a few months (Domainify.com sold on flippa in Dec 2017 for $2,500). Congrats to everyone over at Domainify for this impressive deal!
The following is PR without any mention concerning the terms from above.
NEW YORK, March 3, 2021 /PRNewswire/ -- FE International, Inc., the global market leader in mid-market technology mergers and acquisitions (M&A), announces the acquisition of Domainify Group by Game Lounge.
The acquisition includes three key assets from the Amai Group: BusinessNameGenerator.com, BizNameWiz.com and Domainify.com.
For over a decade, the Domainify Group has led the business name generation and domain marketplace niche. Now, its acquisition serves as a start to Game Lounge's newly established division focused on the B2B market.
"Domainify has demonstrated incredible growth over the last ten years, having become one of the largest domain affiliates in the world," said Thomas Smale, CEO of FE International, which served as the sole sell-side M&A advisor on the acquisition. "We were honored to work with the Domainify team to ensure a smooth acquisition by Game Lounge, which has the expertise and passion to further that growth and success."
https://www.prnewswire.com/news-rel...liates-acquired-by-game-lounge-301239940.html
The following is PR without any mention concerning the terms from above.
NEW YORK, March 3, 2021 /PRNewswire/ -- FE International, Inc., the global market leader in mid-market technology mergers and acquisitions (M&A), announces the acquisition of Domainify Group by Game Lounge.
The acquisition includes three key assets from the Amai Group: BusinessNameGenerator.com, BizNameWiz.com and Domainify.com.
For over a decade, the Domainify Group has led the business name generation and domain marketplace niche. Now, its acquisition serves as a start to Game Lounge's newly established division focused on the B2B market.
"Domainify has demonstrated incredible growth over the last ten years, having become one of the largest domain affiliates in the world," said Thomas Smale, CEO of FE International, which served as the sole sell-side M&A advisor on the acquisition. "We were honored to work with the Domainify team to ensure a smooth acquisition by Game Lounge, which has the expertise and passion to further that growth and success."
https://www.prnewswire.com/news-rel...liates-acquired-by-game-lounge-301239940.html
