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Endurance International Group

From Alfawiki
Endurance International Group, Inc.
Company typePrivate
Nasdaq: EIGI (2013-2021)
IndustryInternet hosting services
Founded1997
FoundersHari Ravichandran, Ravi Agarwal
Headquarters
Jacksonville, Florida
,
US
Number of locations
Worldwide
Key people
Sharon Rowlands (CEO), Christina Clohecy (CFO and COO)
ServicesWeb hosting, domain registration, SEO, email marketing
OwnerClearlake Capital
Number of employees
Over 2,500 (2016)
Websitenewfold.com

Endurance International Group, Inc. (EIG), initially known as BizLand, was a company focused on IT services with an emphasis on web hosting. Established in 1997 and originally based in Burlington, Massachusetts, it combined with Web.com in 2021 to establish Newfold Digital. According to W3Techs, EIG commanded a 3.5% share of the global web hosting market. The company’s approach to business growth was primarily driven by acquisitions, setting it apart from competitors such as Rackspace, GoDaddy, and 1&1 Ionos.

History

Operating under the name BizLand until 2002, Endurance was purchased in 2011 by Warburg Pincus and Goldman Sachs Capital Partners for roughly $975 million. The firm went public on NASDAQ with the ticker symbol EIGI in October 2013, generating $252 million in capital—falling short of its $400 million goal.

Endurance’s expansion strategy resembled that of networking company Verio, utilizing operational cash flow and capital markets to acquire numerous hosting providers domestically and internationally to benefit from scale efficiencies.

In 2014, Endurance acquired four companies owned by Directi—BigRock, LogicBoxes, ResellerClub, and Webhosting.info—for $160 million. The following year, it invested $15.2 million to obtain a 40% interest in Dutch startup AppMachine and also purchased Site5 along with Verio Web Hosting from NTT, adding more than 86,000 customers to its portfolio. Later in 2015, Endurance acquired Constant Contact, a leader in email marketing, for $1 billion as well as Ecommerce, LLC for $28 million.

In August 2018, the SEC imposed an $8 million penalty on EIG’s CEO and CFO due to inaccuracies in reporting subscriber figures.

The company further expanded by acquiring Ecomdash in 2019 for $9.6 million and integrating it within the Constant Contact division.

In November 2020, private equity firm Clearlake Capital announced plans to purchase Endurance for approximately $3 billion. Upon completion of the deal in February 2021, Clearlake separated Endurance’s Web Presence segment—including Domain.com, Bluehost, and HostGator—and merged it with Web.com to form Newfold Digital in partnership with Siris Capital Group. Meanwhile, the Constant Contact segment was spun off into a distinct joint venture between Clearlake and Siris.

In November 2022, Newfold Digital agreed to acquire MarkMonitor from Clarivate. MarkMonitor specializes in enterprise domain management and brand protection services for leading technology companies.

By June 2025, Newfold Digital consolidated the Web.com brand under Network Solutions and restructured into two main units: Network Solutions Group—which includes Network Solutions, Register.com, Domain.com, MarkMonitor, and Crazy Domains—headed by Christina Clohecy; and Bluehost Group—which encompasses hosting brands—led by Sachin Puri.

Subsidiary brands

The corporation manages a variety of hosting enterprises that share common support infrastructure. Prominent subsidiaries and associated brands encompass:


External links

  • Official site of Newfold Digital Inc.