Rightside Sells eNom to Tucows
Davis Polk advised Barclays Capital Inc. as financial adviser to Rightside Group, Ltd. in connection with the $76.7 million sale (after a net working capital adjustment) of its eNom business, a wholesale registrar that provides domain services to a network of over 28,000 resellers, to Tucows Inc. The closing of the transaction occurred on January 20, 2017.
Rightside is a leading provider of domain name services, offering one of the industry’s most comprehensive platforms for the discovery, registration, usage and monetization of domain names. Tucows is a provider of network access, domain names and other Internet services.
The Davis Polk corporate team included partner Alan F. Denenberg and associate Max Brunner. All members of the Davis Polk team are based in the Northern California office.