Mfarhanonline Social Media News: GoDaddy, the world’s largest domain registrar, has been sold to three private equity firms in a deal valued at $2.25 billion, the company announced late Friday. As a report predicted a week ago , private equity firms KKR & Co., Silver Lake Partners and Technology Crossover Ventures sealed the deal, in which they agreed to take on GoDaddy’s debt. That report indicated the company would be sold for between $2 billion and $2.5 billion. Company founder and CEO Bob Parsons predicted further growth of GoDaddy under its new ownership. He said to the Los Angeles Times , “What these guys see is a company with a lot more potential internationally and more potential to make partnerships and acquisitions. They’ll help us finance and they’ll help us recruit talent.” GoDaddy , known for its sexy Super Bowl ads and controversial CEO with a penchant for elephant killing , has seen significant growth over the past three years, with sales rising by 25% to $947 million from 2009 to 2010. The company projected growth for 2011 to continue that trend, quoting a figure of $1.1 billion for the year. SEE ALSO: Top 10 Most Memorable GoDaddy Ads VIDEOS More About: deals , godaddy , KKR , Silver Lake Partners , sold , Technology Crossover Ventures , trending For more Business & Marketing coverage: Follow Mfarhanonline Business & Marketing on Twitter Become a Fan on Facebook Subscribe to the Business & Marketing channel Download our free apps for Android , Mac , iPhone and iPad Social Media reviews series maintain by Mayya
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