Web Host Endurance International Sold
Private equity firm Audax Group (www.audaxgroup.com) said Tuesday that it had sold the significant web hosting property Endurance International Group (www.enduranceinternational.com) to another investment group, Accel-KKR (www.accel-kkr.com).
Financial details of the deal were not disclosed, but Endurance is a very large organization, serving more than 600,000 accounts around the world, according to the press release from Accel-KKR, and operating more than 24 “branded properties,” meaning that Endurance itself is the parent company of Many
Since being acquired by Audax in 2003, Endurance itself had made 17 acquisitions, including the notable purchase of PowWeb in 2006, and of IPOWER in 2007.