Web.com Group, a leading web technology company helping millions of customers around the globe thrive in a connected world, today announced that it has entered into an agreement to acquire Webcentral Group (ASX:WCG), a leading provider of digital services for small and medium Australian businesses. Today’s deal extends Web.com Group’s strategic move into the Australian, New Zealand, and Southeast Asian markets with its acquisition of Dreamscape Networks last year.
Through its Netregistry, Melbourne IT, and WME brands, Webcentral serves approximately 330,000 customers with domain names, web hosting and digital marketing services.
About Web.com Group
Web.com Group is a leading web technology company serving millions of customers around the world. Through our portfolio of brands – Network Solutions, Register.com, Web.com, CrazyDomains, Sitebeat and Vodien – we help customers of all sizes build an online presence that delivers results. Web has the breadth of capabilities and depth of knowledge to be your go-to partner in today’s always-on digital world. With our extensive product offerings and personalized support, we take pride in partnering with our customers to serve their online presence needs. Learn more at www.web.com.
About Webcentral Group
Webcentral Group, previously Arq Group and Melbourne IT Group, is a full-service digital services partner for small and medium businesses and has supported the growth of over 300,000 Australian businesses; from inception to acceleration – helping them establish their brand, business, and build a customer base online. Learn more at www.webcentralgroup.com.au.
About Siris Capital Group, LLC | Siris Capital
Siris is a leading private equity firm that invests primarily in mature technology and telecommunications companies with mission-critical products and services, facing industry changes or other significant transitions. Siris’ development of proprietary research to identify opportunities and its extensive collaboration with its Executive Partners are integral to its approach. Siris’ Executive Partners are experienced senior operating executives that actively participate in key aspects of the transaction lifecycle to help identify opportunities and drive strategic and operational value. Siris is based in New York and Silicon Valley and has raised nearly $6 billion in cumulative capital commitments. Learn more at www.siris.com.