Endurance International Group
| Traded as | NASDAQ: EIGI |
|---|---|
| Industry | Internet hosting services |
| Predecessor | BizLand |
| Founded | 1997 |
| Founder | Hari Ravichandran |
| Headquarters | Burlington, Massachusetts, United States |
|
Number of locations
|
Worldwide |
|
Key people
|
Hari Ravichandran |
| Services | Web hosting, domain registration, SEO, email-marketing |
|
Number of employees
|
Over 2,500 (2016) |
| Website | www |
Endurance International Group, Inc. (EIG), formerly BizLand, is a web hosting company. The company was founded 27 years ago in 1997 and is headquartered in Burlington, Massachusetts.[1] It achieved its size by acquiring a large number of smaller companies, which it continues to operate under the original brand names.[2]
In 2011, Endurance was bought from Accel-KKR by Warburg Pincus and GS Capital Partners, for around $975 million.[3] In September 2013, the company announced plans to raise $400 million in an IPO.[4] The company announced it would list on the NASDAQ under the ticker symbol EIGI.[5] 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.[6][7]
In a 2015 investor earnings conference call, the company reported having 4.2 million worldwide users.[8]
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 [9] in acquiring assets to add to their corporate portfolio.[10] The concept was to roll up small ISPs into one large national ISP and achieve economies of scale. Endurance, though U.S. based, is acquiring hosting companies domestically and internationally.[2]
Blake Cunneen, Endurance's senior vice president of corporate development has stated: "Investing in mergers and acquisitions is a very accretive use of free cash flow and going forward we'll continue to do so. We don't have any deals we're announcing. But we told the Street to expect M&A growth to continue."[11]
The company made four buys in 2014. The biggest being a $109.8 million cash and stock deal for the web presence business of Directi from Indian-based Directi Web Technologies. Directi provides services in various countries, including India, the U.S., Turkey, China, Russia and Indonesia.[11]
In April 2014, a major network issue at the data center in Provo, Utah, affected customers of Bluehost, HostMonster and JustHost, and took down many of the dedicated servers owned by HostGator customers.[12][relevant? ]
In March 2015, the company announced an investment in Netherlands-based technology startup AppMachine, acquiring 40% of the company.[13][14]
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.[15][16]
In November 2015,[17] the company acquired Constant Contact, and days later laid off 15% of their workforce.[18]
Company Structure
Although now one of the internet's largest web hosting providers, the company is structured differently than other large hosting companies such as Rackspace, GoDaddy or 1&1 Internet. The company has grown its hosting and related business through numerous acquisitions.[10][19]
Subsidiary brands
The company owns and operates numerous hosting businesses, with shared support information and support agents. A partial list of these EIG brands include:[20][21]
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- 2slick.com[22]
- AccountSupport[22][23]
- Arvixe LLC[24]
- A Small Orange[25]
- ApolloHosting[22]
- Berry Information Systems L.L.C.[22]
- BigRock[26]
- BizLand[1][2][22][23]
- BlueBoxInternet[27]
- BlueDomino[22][23]
- Bluehost[11][28][29][30]
- BuyDomains[11][24][31]
- CirtexHosting
- Constant Contact[18]
- Directi[32]
- Dollar2Host[22]
- Domain.com[11][23]
- DomainHost[22][23]
- Dot5Hosting[22][23]
- Dotster[1][23]
- easyCGI[22][23]
- eHost[22][23]
- EmailBrain[33]
- EntryHost[22][23]
- Escalate Internet[22][23]
- FastDomain[28]
- FatCow[2][22][23]
- FreeYellow[2][22][23]
- Glob@t[22][23]
- Homestead[34]
- HostCentric[22][23]
- HostClear[35]
- HostGator[1][29][36]
- Hostnine[37]
- HostMonster[38]
- HostNine
- HostV VPS
- hostwithmenow.com[22]
- HostYourSite.com[22][23]
- HyperMart[2][22][23]
- IMOutdoors[22][23]
- Intuit Websites[34][39]
- iPage[22][23][39]
- IPOWER/iPowerWeb[2][22][23]
- JustHost[40]
- LogicBoxes[41]
- MojoMarketplace.[42]
- MyDomain[23]
- MyResellerHome[22]
- NetFirms[23][43]
- Networks Web Hosting[22][23]
- Nexx[44]
- PUBLICDOMAINREGISTRY.COM[2][22][23]
- PowWeb[2][22][23]
- PureHost[2][22][23]
- ReadyHosting.com[22][23]
- ResellerClub[45]
- Saba-Pro[22]
- SEO Gears[46]
- SEO Hosting[47][48]
- SEO Web Hosting
- Site5[46]
- Southeast Web[22]
- SpeedHost[22]
- Spertly[22][23]
- StartLogic[22][23]
- SuperGreen Hosting[49]
- Typepad[25]
- Unified Layer[46]
- USANetHosting[22][23]
- vDeck[50]
- Verio[51]
- VirtualAvenue[2][22][23]
- VPSLink[22][23]
- Webzai Ltd.[11]
- WebHost4Life[22][23]
- webhosting.info[52]
- Webstrike Solutions[22][23]
- Xeran[23]
- YourWebHosting[22]
References
- ↑ 1.0 1.1 1.2 1.3 The Endurance International Group, Inc., Bloomberg Businessweek. Retrieved April 12, 2011
- ↑ 2.00 2.01 2.02 2.03 2.04 2.05 2.06 2.07 2.08 2.09 2.10 Rich Miller, IPOWER, Endurance International Announce Merger, NetCraft, May 9, 2007
- ↑ Lua error in package.lua at line 80: module 'strict' not found.
- ↑ http://www.sec.gov/Archives/edgar/data/1237746/000119312513361255/d555515ds1.htm
- ↑ http://www.nasdaq.com/symbol/eigi
- ↑ http://www.nasdaq.com/markets/ipos/company/endurance-international-group-holdings-inc-409100-73448
- ↑ http://www.bostonglobe.com/business/2013/10/25/endurance-web-hoster-endurance-raises-million-ipo/0mwVrnj7qmz3qefHXkRYyM/story.html
- ↑ Lua error in package.lua at line 80: module 'strict' not found.
- ↑ http://www.internetnews.com/fina-news/article.php/35251/Verio+Secures+Funding+for+Acquisitions.htm
- ↑ 10.0 10.1 http://seekingalpha.com/article/3034376-endurance-godaddy-wix-and-web-com-choosing-growth-or-leverage
- ↑ 11.0 11.1 11.2 11.3 11.4 11.5 Lua error in package.lua at line 80: module 'strict' not found.
- ↑ Lua error in package.lua at line 80: module 'strict' not found.
- ↑ Lua error in package.lua at line 80: module 'strict' not found.
- ↑ Lua error in package.lua at line 80: module 'strict' not found.
- ↑ Lua error in package.lua at line 80: module 'strict' not found.
- ↑ Lua error in package.lua at line 80: module 'strict' not found.
- ↑ Lua error in package.lua at line 80: module 'strict' not found.
- ↑ 18.0 18.1 Lua error in package.lua at line 80: module 'strict' not found.
- ↑ https://www.hostingkingdom.com/blog/endurance-international-group/
- ↑ Lua error in package.lua at line 80: module 'strict' not found.
- ↑ Lua error in package.lua at line 80: module 'strict' not found.
- ↑ 22.00 22.01 22.02 22.03 22.04 22.05 22.06 22.07 22.08 22.09 22.10 22.11 22.12 22.13 22.14 22.15 22.16 22.17 22.18 22.19 22.20 22.21 22.22 22.23 22.24 22.25 22.26 22.27 22.28 22.29 22.30 22.31 22.32 22.33 22.34 22.35 22.36 22.37 22.38 22.39 Lua error in package.lua at line 80: module 'strict' not found.
- ↑ 23.00 23.01 23.02 23.03 23.04 23.05 23.06 23.07 23.08 23.09 23.10 23.11 23.12 23.13 23.14 23.15 23.16 23.17 23.18 23.19 23.20 23.21 23.22 23.23 23.24 23.25 23.26 23.27 23.28 23.29 23.30 23.31 23.32 23.33 23.34 Better Business Bureau website. Retrieved August 18, 2012
- ↑ 24.0 24.1 http://ir.endurance.com/releasedetail.cfm?ReleaseID=880160, Accessed 4 November 2014
- ↑ 25.0 25.1 Lua error in package.lua at line 80: module 'strict' not found.
- ↑ http://bigrock.in, see note about merge with Directi
- ↑ Whois on hosting company domain
- ↑ 28.0 28.1 NECN.com, Koch Industries sues over bogus website, release, Jan. 5, 2011
- ↑ 29.0 29.1 Lua error in package.lua at line 80: module 'strict' not found.
- ↑ Lua error in package.lua at line 80: module 'strict' not found.
- ↑ https://www.hostingkingdom.com/blog/endurance-international-group/ see Notable Acquisitions
- ↑ Lua error in package.lua at line 80: module 'strict' not found.
- ↑ EmailBrain Service mark ownership
- ↑ 34.0 34.1 MarketWatch: Endurance International Group to Purchase Intuit Websites Business
- ↑ http://hostclear.com, see note about merge with JustHost
- ↑ Server.fm: The world's largest web host
- ↑ http://www.sharedwebhostingcomparison.com/hostnine-eig/
- ↑ Lua error in package.lua at line 80: module 'strict' not found.
- ↑ 39.0 39.1 Lua error in package.lua at line 80: module 'strict' not found.
- ↑ JustHost Company Bio | Web Hosting Review Zone
- ↑ http://logicboxes.com, see note about merge with Directi
- ↑ Lua error in package.lua at line 80: module 'strict' not found.
- ↑ Lua error in package.lua at line 80: module 'strict' not found.
- ↑ Lua error in package.lua at line 80: module 'strict' not found.
- ↑ http://resellerclub.com, see note about merge with Directi
- ↑ 46.0 46.1 46.2 Lua error in package.lua at line 80: module 'strict' not found.
- ↑ Lua error in package.lua at line 80: module 'strict' not found.
- ↑ Lua error in package.lua at line 80: module 'strict' not found.
- ↑ http://supergreenhosting.com, see note about merge with JustHost
- ↑ https://www.besthostnews.com/endurance-international-eig/
- ↑ Lua error in package.lua at line 80: module 'strict' not found.
- ↑ http://webhosting.info, see note about merge with Directi
