Endurance International Group

Short description: Information technology services company specializing in web hosting

Endurance International Group, Inc.

Traded as

| NASDAQ: EIGI (2013-2021)
Industry| Internet hosting services
Predecessor| BizLand
Founded| 1997 (1997)
Founders|

* Hari Ravichandran
* Ravi Agarwal

Headquarters|

Jacksonville, Florida

Number of locations

| Worldwide

Key people

* Jeff Fox (CEO)
* Marc Montagner (CFO)
* David Bryson (CLO)
* Kim Simone (COO)

Services| Web hosting, domain registration, SEO, email marketing

Number of employees

| Over 2,500 (2016)
Parent| Clearlake Capital
Website| newfold.com

Endurance International Group (EIG), previously named BizLand, was an IT services company specializing in web hosting. The company was founded in 1997 and headquartered in Burlington, Massachusetts, USA.[1] In 2021 Endurance International Group merged with Web.com forming a new company, Newfold Digital. It is one of the Internet's largest webhosting providers, the company was structured differently from other large hosting companies such as Rackspace, GoDaddy, or 1&1 Ionos. The company has grown its hosting and related business through numerous acquisitions.[2][3][4]

## Contents

* 1 History
* 2 Subsidiary brands
* 3 References
* 4 External links

## History

This article is in list format, but may read better as prose. You can help by converting this article, if appropriate. Editing help is available. (September 2022)

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In 2011, Endurance was bought from Accel-KKR by Warburg Pincus and GS Capital Partners, for around $975 million.[5] In September 2013, the company announced plans to raise $400 million in an IPO.[6] The company announced it would list on the NASDAQ under the ticker symbol EIGI.[7] It went public in October 2013 raising $252 million selling shares to the public at $12 each. This was below the company's target goal of $400 million.[8][9]

This path to increased size is similar to the path networking company Verio followed in the 1990s, using free cash flow and access to capital markets[10] in acquiring assets to add to their corporate portfolio.[2] The concept was to roll up small ISPs into one large ISP and achieve economies of scale. Endurance acquired hosting companies domestically and internationally.[4]

In March 2015, the company announced an investment in Netherlands-based technology startup AppMachine, acquiring 40% of the company.[11][12] In August 2015, EIG announced the acquisition of Site5 and Verio Web Hosting from NTT. It is estimated that EIG gained 86,000+ new subscribers through these acquisitions.[13][14] In November 2015,[15] the company acquired Constant Contact, and days later laid off 15% of their workforce.[16] Also in November 2015, EIG acquired the assets of Ecommerce, LLC for $28 million.[17]

In August 2018, the firm's CEO and CFO were fined United States dollar 8 million for fraud by the Securities and Exchange Commission (SEC) for misrepresenting company subscriber numbers.[18]

Endurance acquired Ecomdash in October 2019 for $9.6 million in cash, and placed it under the Constant Contact group.[19][20][21]

In November 2020, Clearlake Capital Group announced that it would acquire Endurance International Group for around $3 billion.[22] At the closing of the deal in February 2021, Clearlake Capital announced a few wrinkles. Clearlake spun off the Endurance Web Presence division, including subsidiaries Domain.com, Bluehost, and HostGator.

Endurance Web Presence merged with Web.com to form a new company, Newfold Digital, in 2021. Newfold Digital is a joint venture between Clearlake Capital and Siris Capital Group, owner of Web.com since 2018.[23][24]

Clearlake also spun off the Constant Contact division of Endurance into a separate joint venture between Clearlake and Siris.[25]

In November 2022, Newfold Digital "signed a definitive agreement to purchase MarkMonitor™, an industry-leading enterprise-level provider of domain management solutions"[26] from Clarivate. MarkMonitor provides brand protection, anti-piracy, and domain-name registration services for a variety of Big Tech industry giants and other companies. MarkMonitor provides services to Akamai, Alibaba, Baidu, Google, Microsoft, CloudFront, Amazon, Tencent, Intuit, AVG, Meta, Salesforce, Verizon, YouTube, Wikipedia, Coca-Cola, Tesco, Zenly, Carrd, Mattel and eBay, among others.[27] [28]

## Subsidiary brands

The company has owned and operated numerous hosting businesses, with shared support information and support agents. Subsidiaries and brands include:[29][30]

* Bluehost
* Directi
* Domain.com
* FastDomain
* Homestead
* HostGator
* iPage
* Typepad
* Web.com
* MarkMonitor

## References

1. ↑ "The Endurance International Group, Inc.". Bloomberg Businessweek. http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=112165.
2. ↑ 2.0 2.1 "Endurance, GoDaddy, Wix, And Web.com: Choosing Growth Or Leverage". 27 March 2015. http://seekingalpha.com/article/3034376-endurance-godaddy-wix-and-web-com-choosing-growth-or-leverage.
3. ↑ "Endurance International Group (EIG) – The World's Largest Web Hosting Company You've Probably Never Heard Of". 24 November 2014. https://www.hostingkingdom.com/blog/endurance-international-group/.
4. ↑ 4.0 4.1 Miller, Rich (May 9, 2007). "IPOWER, Endurance International Announce Merger". http://news.netcraft.com/archives/2007/05/09/ipower_endurance_international_announce_merger.html.
5. ↑ Demos, Telis (15 March 2013). "Web Hoster Endurance International Preps for IPO". Wall Street Journal (WSJ). https://blogs.wsj.com/deals/2013/03/15/web-hoster-endurance-international-preps-for-ipo/.
6. ↑ "Form S-1". https://www.sec.gov/Archives/edgar/data/1237746/000119312513361255/d555515ds1.htm.
7. ↑ "Endurance International Group Holdings, Inc. Common Stock (EIGI)". http://www.nasdaq.com/symbol/eigi.
8. ↑ "ENDURANCE INTERNATIONAL GROUP HOLDINGS, INC. (EIGI) IPO". http://www.nasdaq.com/markets/ipos/company/endurance-international-group-holdings-inc-409100-73448.
9. ↑ Bray, Hiawatha (October 26, 2013). "Endurance Web hoster Endurance raises $252 million in IPO". https://www.bostonglobe.com/business/2013/10/25/endurance-web-hoster-endurance-raises-million-ipo/.
10. ↑ "Verio Secures Funding for Acquisitions". http://www.internetnews.com/fina-news/article.php/35251/Verio+Secures+Funding+for+Acquisitions.htm.
11. ↑ "AppMachine Partners Up With Endurance International Group". AppMachine.com. http://www.appmachine.com/blog/appmachine-gets-15-2-million-investment-endurance/.
12. ↑ "AppMachine raises $15.2 million, partners with Endurance International Group". StartupJuncture. http://startupjuncture.com/2015/02/24/appmachine-raises-15-2-million-partners-with-endurance-international-group/.
13. ↑ "Endurance International Group Reports 2015 Second Quarter Results" (in en-US). Aug 4, 2015. http://www.marketwatch.com/story/endurance-international-group-reports-2015-second-quarter-results-2015-08-04.
14. ↑ "EIG's Acquisition of Verio and Site5 Nets 86,000 New Subscribers" (in en-US). http://www.thewhir.com/web-hosting-news/eigs-acquisition-of-verio-and-site5-nets-86000-new-subscribers.
15. ↑ "Email marketing giant Constant Contact acquired for $1 billion". 2 November 2015. https://venturebeat.com/2015/11/02/email-marketing-giant-constant-contact-acquired-for-1-billion/.
16. ↑ "Constant Contact Cuts 15 Percent of Staff After Its Acquisition". Xconomy.com. http://www.xconomy.com/boston/2016/02/12/constant-contact-cuts-15-percent-of-staff-after-its-acquisition/.
17. ↑ "EIG Reports 2015 Fourth Quarter and Full Year Results" (Press release). Retrieved 2016-10-07.
18. ↑ "Indian-origin executive settles charges with SEC, another charged for making false claims". The Times of India. 25 August 2018. https://timesofindia.indiatimes.com/nri/indian-origin-executive-settles-charges-with-sec-another-charged-for-making-false-claims/articleshow/65539541.cms.
19. ↑ Batavia, Gaurav (September 10, 2019). "Endurance International to acquire Ecomdash for $9.6M". https://seekingalpha.com/news/3498143-endurance-international-acquire-ecomdash-9_6m.
20. ↑ "Endurance International Group Reports 2019 Fourth Quarter and Full Year Results". GlobeNewswire News Room (Press release). Endurance International Group Holdings. 2020-02-06. Retrieved 2020-04-15.
21. ↑ "Endurance International Group Holdings Inc (EIGI) Q3 2019 Earnings Call Transcript" (in en). The Motley Fool. 2019-11-01. https://www.fool.com/earnings/call-transcripts/2019/11/01/endurance-international-group-holdings-inc-eigi-q3.aspx.
22. ↑ "Endurance International Group Announces Agreement to be Acquired by Clearlake Capital Group L.P. for $9.50 per Share". Clearlake.com (Press release). Clearlake Capital. 2020-11-02. Retrieved 2020-11-02.
23. ↑ "Web.com merges with competitor, becoming Newfold Digital". February 11, 2021. https://www.jaxdailyrecord.com/article/web-com-merges-with-competitor-becoming-newfold-digital.
24. ↑ "Clearlake Completes Acquisition of Endurance International Group and Strategic Investment Transactions With Web.com and Affiliates of Siris; Announces Formation of Newfold Digital" (Press release). Clearlake Capital Group; Siris Capital Group. PR Newswire. February 10, 2021.
25. ↑ "Clearlake And Siris Affiliates Re-Establish Digital Marketing Industry Pioneer Constant Contact As Standalone Company" (Press release). Clearlake Capital Group; Siris Capital Group. PR Newswire. 2021-02-10. Retrieved 2021-05-23.
26. ↑ Nicole, Cassis (November 1, 2022). "Newfold Digital Signs Agreement to Acquire MarkMonitor from Clarivate". Newfold Digital. https://newfold.com/newsroom/newfold-digital-signs-agreement-to-acquire-markmonitor-from-clar. Retrieved January 29, 2024.
27. ↑ Wauters, Robin (July 26, 2012). "Thomson Reuters snaps up online brand protection giant MarkMonitor". The Next Web. https://thenextweb.com/insider/2012/07/26/thomson-reuters-snaps-up-online-brand-protection-giant-markmonitor/. Retrieved December 8, 2012.
28. ↑ AlienVault, OTX (January 29, 2024). "Domain Names registered with abuse complaint email address “abusecomplaints@markmonitor.com”". OTX AlienVault. https://otx.alienvault.com/indicator/email/abusecomplaints@markmonitor.com. Retrieved January 29, 2024.
29. ↑ "Thoughts on Endurance International Group (EIG) Hosting". November 15, 2013. https://www.linux-depot.com/non-endurance-international-group-eig-hosting/.
30. ↑ "Endurance International Group, Inc". Hosting-Reviews-Exposed.com. 6 September 2010. http://hosting-reviews-exposed.com/endurance-international-group/endurance-international-group-inc.html.

## External links

* Official website for Newfold Technologies
*     * Business data for Endurance International Group, Inc.:
* SEC filings

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