CentralNic supplies the tools for businesses to get online: domain names, hosting, websites, email, website security and brand protection services.

Market

• Total addressable market: $22 – 30 bn*;
• Strong cash conversion – services are paid in advance;
• Quality earnings – subscription services with recurring revenues;
• Organic growth: 2% (mature markets) to 10% (developing markets).

(*) William Blair equity research on GDDY, 5 October 2017.

CentralNic

• Mid-sized consolidator in a highly fragmented and fast growing global domain name industry
• Highly scalable – largely fixed cost base
• Sustained growth – driven by business moving online in emerging markets, as well as disruptive activity led by CentralNic
• Proven, invested,experienced and ambitious management
• Strong track record of revenue and profit growth since IPO
• Drive to build a group with valuation of $1bn