GoDaddy
Files for IPO
— Again
GoDaddy
filed paperwork with the Securities and Exchange Commission to raise $100 million in a public offering.
The domain registration service previously filed to go public in 2006, but later scrapped those plans and was eventually acquired by K.K.R. and Silver Lake for about $2.25 billion in 2011.
GoDaddy second IPO attempt had been rumored for months. The company has yet to pick a stock ticker or exchange, but it has hired Morgan Stanley, Citigroup and J.P. Morgan as underwriters for the IPO
See also:
8 Tech Companies That May Go Public in 2014
GoDaddy posted a net loss of $200 million on revenue of $1 billion in 2013, according to the filing, compared to a net loss of $279 million on revenue of $979 million in 2012. For the first three months of this year,
GoDaddy had a net loss of $51 million on revenue of $320 million.
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