
CVC Capital Partners is closing in on buying a majority stake in Namecheap, in a deal that values the big domain registrar and web-hosting provider at about $1.5 billion including debt, according to people familiar with the matter.
https://archive.is/i9vOk (without paywall)The global buyout firm is expected to work closely with Richard Kirkendall, Namecheap’s founder and chief executive officer, who will retain a big stake in the company, the people said.
https://www.wsj.com/business/deals/cvc-strikes-1-5-billion-deal-for-godaddy-rival-namecheap-a38fd014