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One.com acquired by Cinven

Labeled as news in Domain Industry News started by Soofi, Dec 21, 2018.

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  1. Soofi

    Soofi DomainX™ PRO Gold Account VIP ★★★★★★★★★★

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    One of the biggest providers of domain names and web hosting in Europe is changing hands today. One.com, which has around 1.5 million customers mainly across the north of the region, has been sold by private equity firm Accel-KKR to Cinven, another PE player that focuses on investments in Europe.

    Terms of the deal are not being disclosed, but as a rough guide, Cinven once owned and sold another European hosting provider of comparable size: it acquired Host Europe Group in 2013 for $668 million and then sold it in 2016 for $1.8 billion to GoDaddy two years ago almost to the day. At the time of the sale, Host Europe Group also had about 1.5 million customers.

    One.com and its business segment represent a significant, if not wildly evolving, part of the tech landscape: for as long as businesses and consumers continue to use the web, there will be a need for companies who sell and host domain names and provide services around that.

    With a catchy domain name of its own, One.com has been riding the wave of that solidity of purpose for several years already. KKR-Accel says that organic growth at the company has been accelerating at a rate of 20 percent and that revenues under its four-year ownership doubled to €60 million ($69 million) with profitability growing 50x on a marketing pitch in which it positions itself as the ‘budget’ option to businesses.

    “The vision of One.com since its founding has been to deliver value-added and easy-to-use solutions to small- and medium-sized businesses and prosumers,” said Jacob Jensen, Founder and CEO of One.com, in a statement. He is staying on to continue leading the company.

    Cinven says it is interested in growth the business by way of acquisition, specifically: “There are opportunities to accelerate the growth of the business organically and through acquisition.”

    In other words, expect some consolidation moves in the future where some of the smaller providers in Europe potentially get gobbled up to create a bigger entity with better economies of scale. That’s needed not just because GoDaddy has ramped up its presence here, but because the likes of Amazon has only grown in stature and provides a number of other services to users to make its offerings more sticky.

    “We are very excited to invest in One.com alongside Jacob. It is a high quality business with an attractive brand and scalable technology platform, operating in a market with structural growth drivers,” said Thomas Railhac, Partner at Cinven, in a statement. “This is a subsector we know well through Cinven’s successful investment in HEG in Fund 5, continuing to invest in both the organic growth story and targeted acquisitions.”

    Source: TechCrunch
     
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  2. RENATA BARNES

    RENATA BARNES Upgraded Member Gold Account

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    Its amazing how this company has got any business left after an web builder upgrade this week. I have 17 websites hosted with this company and all my websites since the change have had their components moved around causing me to spend hours re-positioning them and trying to rectifying this issue and one of my websites is down in mobile and tablet completely where this is my main business and these people do not care. Words fail me as I am totally and utterly disgusted with their customer care. I am loosing business because of them. According to them some of the codes are not compatible with the new version of the web builder. Thats not my problem or any other customers for that matter. If the codes worked before the change it should work after the change and they should not expect their customers to rectify their websites because they decided to do an upgrade. Seeing as I am loosing business then all is fair in love and war and they should loose business too in my eyes. Why should people like myself pay them money for a service that is broken. But no one is writing anything considering they apparantly have 1.5M customers. I am sure I am not the only one that was has had these issues and I will be getting my legal department involved.
     
  3. Soofi

    Soofi DomainX™ PRO Gold Account VIP ★★★★★★★★★★

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    Disappointing.

    Looks like that's why they made a quick EXIT :-D
     
  4. RENATA BARNES

    RENATA BARNES Upgraded Member Gold Account

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  5. brandnow

    brandnow Top Member VIP

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    have there been any changes announced for the .one registry?
     
  6. Infinity

    Infinity Love God Love Life ★★★★★★★★★★

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    nice .com

    thank you


    -have a special day
     
  7. webhostuk

    webhostuk Established Member

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    Another European hosting sold.. I guess all of them would now land to same big giant .. any Guess??
     
  8. Soofi

    Soofi DomainX™ PRO Gold Account VIP ★★★★★★★★★★

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    Endurance?
     
  9. RENATA BARNES

    RENATA BARNES Upgraded Member Gold Account

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    From communication I had with one of the CEO's in Cinven last week they have not bought the company as yet.
     
  10. webhostuk

    webhostuk Established Member

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    I feel it would Godaddy as they have got many EU web hosting companies.
     
  11. Soofi

    Soofi DomainX™ PRO Gold Account VIP ★★★★★★★★★★

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    Yes, that's probably the one :)
     
  12. Recons.Com

    Recons.Com Top Member VIP

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    and yet you still list one.com among your partners on your site...
     
  13. RENATA BARNES

    RENATA BARNES Upgraded Member Gold Account

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    Its there for a reason to show them that I have been loyal and that I indeed help them to bring business in for them. The issue is still ongoing please read todays post on my blog ukdomainbrokers.com They have gone cold on me.
     
  14. Recons.Com

    Recons.Com Top Member VIP

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    So, let me get it straight:

    You bash one.com on public forum(s), but you want to show to them that you are still loyal by keeping their partner link on your site?

    You offer SEO and other advanced website services to your clients, and yet you use website builder from your host for your own sites?
     
  15. RENATA BARNES

    RENATA BARNES Upgraded Member Gold Account

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    I want to show that I am still loyal until they agree to resolve the situation. If they don't I will be moving all my websites elsewhere. As for my own sites I used web builder which you can edit the code yourself saves writing it all out. The problem was the code that I integrated that worked prior to their upgrade and did not work after........Furthermore I never said I use web builder for my clients I just said I have my websites hosted by one.com which is different to what you are implying. I build my sites for my clients using html5 and css3 fyi.
     
  16. Recons.Com

    Recons.Com Top Member VIP

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    Just move on. Have you considered wordpress?

    It takes 10 minutes to install and you have full control and updates won't break it.
     
  17. RENATA BARNES

    RENATA BARNES Upgraded Member Gold Account

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    I do use wordpress on some of my projects, however one.com hosting seemed cheaper than wordpress and my point with one.com was my Christmas and New year was ruined as I spent over 14 hours in chat and they later admitted they had a bug in their system. Its not even that my Christmas was ruined it was more to do about how much business I could have potentially lost.......Since then when I have asked for them to give a gesture of goodwill or compensate me some how they have totally gone cold on me. They claim they have 1.5 million customers anyone can write that on their website, this is not proof and it is ironic how I am the only person that was afffected by this as I cannot find no one else moaining about it other than me, so unless im the only client they have I find it very strange. I have since sent an email to [email protected] marking my email for the attention of Jacob Jensen, will see what they say.......
     
  18. wizard

    wizard Domain Wizard VIP ★★★★★★★★★★

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  19. jideofor

    jideofor Top Member VIP

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    Hello,

    sorry about your the problem you are facing. I believe you should just move your website to another host.

    Do you use website builder for your websites?
     

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