KKR and Silver Lake Partners as well as a third investor are set to acquire GoDaddy Group for between $2 billion and $2.5 billion, The Wall Street Journal reports. Private equity and venture capital firm Technology Crossover Ventures is also a minority investor in the proposed deal for the company that registers Internet domain names.
In September, GoDaddy appointed boutique investment bank Qatalyst Partners to market it to potential buyers. Bob Parsons will remain CEO of GoDaddy even after the deal.
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