| Donuts
                                            Inc., the
                                            world's largest operator of new
                                            gTLD domains with over 200
                                            extensions in its portfolio
                                            (including .live, .social and
                                            .company to name just a few), announced
                                            today that they have entered into an
                                            agreement to be acquired by a
                                            leading private equity firm, Abry
                                            Partners. Terms and
                                            timing of the agreement were not
                                            disclosed. 
                                             Since
                                            its founding in 1989, Abry has
                                            completed more than $77 billion
                                            of transactions, representing
                                            investments in more than 650
                                            properties. A former ICANN
                                            CEO, Fadi Chehade, is among
                                            the Abry Partners. Managing Partner Erik
                                            Brooks said, “Donuts is
                                            ideally positioned with the world’s
                                            largest portfolio of new TLDs, a
                                            proven team with deep experience in
                                            scaling successful technology
                                            companies, and a track record of
                                            innovation in their industry. We are
                                            excited to partner with Donuts and
                                            support their next phase of growth
                                            and success.”
                                             Donuts President and CEO Bruce
                                            Jaffe said, “We are delighted
                                            to partner with Abry. Over the last
                                            30 years, the firm has built a
                                            stellar track record as one of the
                                            premier media, communications,
                                            business and information
                                            services-focused private equity
                                            investment firms in North America.
                                            We believe their confidence in
                                            Donuts underscores the power and
                                             |  
 
 Erik
                                            BrooksManaging Partner
 Abry Partners
 | 
                                        
                                          | magnitude
                                            of our opportunity. Moreover, their
                                            insights and expertise in our sector
                                            will be of enormous benefit to
                                            Donuts as we move forward.”
                                             Prior
                                            to being acquired Donuts has been
                                            busy making acquisitions and
                                            launching new services of their own.
                                            In the last 18 months, they have
                                            acquired Rightside, a
                                            complementary registry with a
                                            portfolio of 40 new TLDs and a
                                            wholly-owned registrar subsidiary, Name.com;
                                            launched BL.INK, a premier
                                            enterprise short link management
                                            platform used by leading brands
                                            including Coca-Cola; added features
                                            for registrars’ and resellers’
                                            SMB customers and been ranked #1 in
                                            the Deloitte Fast 500.
                                             
                                              
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                                                      | (Posted
                                                        September 5, 2018)  
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