Saw the news on Monday but didn't get to post it. Looks like EIG (Endurance International Group) are selling.
EIG owns nearly 100 different brands including; Bluehost, Hostgator, Constant Contact, ResellerClub, Domain.com, IPower, Directi, and more.
It looks like this is a packaged (and done) deal - Clearlake Capital Group are set to acquire all assets and debt of EIG.
https://www.globenewswire.com/news-...ake-Capital-Group-L-P-for-9-50-per-Share.html
Should be interesting in the next few months if the acquisition goes through, what will be changed, and consolidated.
EIG owns nearly 100 different brands including; Bluehost, Hostgator, Constant Contact, ResellerClub, Domain.com, IPower, Directi, and more.
It looks like this is a packaged (and done) deal - Clearlake Capital Group are set to acquire all assets and debt of EIG.
https://www.globenewswire.com/news-...ake-Capital-Group-L-P-for-9-50-per-Share.html
Should be interesting in the next few months if the acquisition goes through, what will be changed, and consolidated.