EIG to be Acquired by Clearlake Capital Group L.P.

Naix

(RTTNews) - Endurance International Group Holdings, Inc. (EIGI), a provider of cloud-based platform solutions for small and medium-sized businesses, said Monday it has agreed to be acquired by affiliates of private equity firm Clearlake Capital Group L.P. in an all-cash transaction valued at about $3.0 billion, including debt.

Source.

Neoon

I always wonder, how trash a provider can be, how low the level can be set.

Francisco

So they faked it till the made it.

Huh, it can work.

Francisco

vimalware

There's always a bigger fish

lentro

If this is like the Oakleys aquisition of WebPros, things will be getting even worse for EIG customers!

Sadly I have a few web design customers that don't want to change things if it already works, so I'll see first-hand how things change....

DataRecovery

EIG to be Acquired

Meanwhile, down in Texas, Brent Oxley and his new Create.com venture:

vyas

They should have waited till Black Friday ... they would have gotten a discount.

MikeIn

So, Now EIG is not the most hated Holding Company of Hosting industry anymore....