US buyer acquires Australian domain name business
Two firms have advised on the sale of Bombora Technologies to a US-based company for $118.5 million.
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Firms: Gadens (Bombora Technologies); Allens (Neustar)
Value: $118.5 million
Area: M&A
Key players: Gadens partner Richard Partridge (pictured) led the team, supported by senior associate, Clare Peacock.
Deal significance:
Bombora Technologies was founded by two entrepreneurs, Adrian Kinderis and Simon Delzoppo, 15 years ago. It is a domain name business and the parent company of ARI Registry Services, AusRegistry and ZOAK Solutions.
Neustar provides a range of services, including real-time data analytics, media intelligence and domain name registry. This deal coincides with Neustar's move into the Asia Pacific.