GoDaddy.com is a major sponsor in NASCAR and IndyCar racing. Bob Parsons was the owner and CEO of the privately held company and perhaps he is Danica Patrick's biggest fan. Now the company has been sold. The sale was thought to be in the works when it was announced in the Wall Street Journal the last week of June. On July 1, WallStreetJournal.com announced that the sale to private equity firms KKR&Co., Silver Lake Partners and Technology Crossover Ventures was finalized. Though the amount of the sale has not been disclosed, it was reported by sources close to the deal in the WSJ, that it was between $2 billion and $2.5 billion. GoDaddy.com was founded by Bob Parsons in 1997. The company is known for it's edgy, sexy commer...

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GoDaddy.com is a major sponsor in NASCAR and IndyCar racing. Bob Parsons was the owner and CEO of the privately held company and perhaps he is Danica Patrick's biggest fan. Now the company has been sold. The sale was thought to be in the works when it was announced in the Wall Street Journal the last week of June. On July 1, WallStreetJournal.com announced that the sale to private equity firms KKR&Co., Silver Lake Partners and Technology Crossover Ventures was finalized. Though the amount of the sale has not been disclosed, it was reported by sources close to the deal in the WSJ, that it was between $2 billion and $2.5 billion. GoDaddy.com was founded by Bob Parsons in 1997. The company is known for it's edgy, sexy commer...

Read Complete Article at Bleacher Report - Motorsports
Article is property of BleacherReport.com