ATTN REGISTRARS! it.com domain sunrise starts on Jan 2nd! GET READY NOW

information Webcentral.au has acquired Newdomain.com.au for $5M

Catch.Club Catch.Club

Lox

_____Top Member
Impact
9,261
Webcentral Limited (ASX:WCG) announces that it has acquired New Domain Services, a premium domain email and webhosting services business with 25,000 customers.

Acquisition highlights:
• Normalised Revenue of $2M and EBITDA of $1.2M p.a.
• Acquisition price of $5M payable $3.5M on completion and
up to $1.5M payable within 12 months after completion
• Purchase funded from operating cash and existing
debt facilities
• New Domain will be integrated with Webcentral’s Melbourne
IT business and New Domain vendor Jonathan Horne will be
appointed CEO of the Melbourne IT division to drive growth in
corporate domains services
• Completion of the acquisition is expected by mid-
December 2022

read more
 
3
•••
The views expressed on this page by users and staff are their own, not those of NamePros.

sellbourne

Established Member
Impact
99
Well done and congratulations 👍
 
1
•••

Kingslayer

Top Member
Impact
7,420
Thanks for the info (y)
 
1
•••