Domain Holdings Acquired by Flippa
Jun 1, 2015
Posted on May 31, 2015 by Dennis
Domain Holdings, a Delray Beach domain development, marketing, and technology company, has been acquired by Flippa, a marketplace for buying and selling websites, domain names and iOS apps based in Melbourne, Australia and San Francisco. Terms of the transaction were not disclosed. The combined Flippa and Domain Holdings Group entities are projected to hit $70m in sales over the next 12 months, rivaling the likes of Sedo and GoDaddy in aftermarket sales. Co-founded by John Ferber (who co-founded and sold Advertising.com to AOL in 2004 for $496 million), Domain Holdings Group has built a trusted reputation in domain name aftermarket sales, transacting over $30m last year alone. Commenting on the acquisition today John said, “We’re thrilled for the Domain Holdings team to join Flippa. We’ve been watching the Flippa marketplace go from strength-to-strength. The combination of these two companies will create a powerful sales platform for domain names and web sites that will be hard to beat.” The Domain Holdings brand (and business) will remain separate to Flippa and will continue to operate as usual. “When you take a dominant marketplace like Flippa.com and add the most respected outbound sales teams in the domain name space, you have a platform for selling digital assets that will be unrivaled in the market.” said Flippa co-founder Mark Harbottle (also co-founder of 99designs.com). Read more here .