Flippa Acquires Domain Holdings Group

Both entities are projected to hit $70m in domain name aftermarket sales over the next 12 months, directly competing with Sedo and GoDaddy


SAN FRANCISCO, Calif., May 20, 2015 (GLOBE NEWSWIRE) -- via PRWEB - Flippa, the #1 marketplace in the world for buying and selling websites, domains, and apps today announced that it has acquired the leading outbound premium domain name brokerage company, Domain Holdings Group.

The combined Flippa and Domain Holdings Group entities are projected to hit $70m in sales over the next 12 months, rivaling the likes of Sedo and GoDaddy in aftermarket sales.

"When you take a dominant marketplace like Flippa.com and add the most respected outbound sales teams in the domain name space, you have a platform for selling digital assets that will be unrivaled in the market." said Flippa co-founder Mark Harbottle (also co-founder of 99designs.com).

Co-founded by John Ferber (who co-founded and sold Advertising.com to AOL in 2004 for $496 million), Domain Holdings Group has built a trusted reputation in domain name aftermarket sales, transacting over $30m last year alone.

Commenting on the acquisition today John said, "We're thrilled for the Domain Holdings team to join Flippa. We've been watching the Flippa marketplace go from strength-to-strength. The combination of these two companies will create a powerful sales platform for domain names and web sites that will be hard to beat."

Founder Contacts:

Mark Harbottle: (e: mark(at)flippa(dot)com / p: 561-563-2162)
John Ferber: (e: john(at)domainholdings(dot)com / p:561-303-1214)
Flippa.com / DomainHoldings.com

This article was originally distributed on PRWeb. For the original version including any supplementary images or video, visit http://www.prweb.com/releases/2015/05/prweb12738515.htm


            

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