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New Deal


Announced

Ethos Capital's acquisition of Public Interest Registry from the Internet Society fails.

Financials

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Transaction Value£856m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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nonprofit enterprise

Consumer Services: Other

United States

National Agency

Friendly

Acquisition

Private Equity

Single Bidder

Private

Majority

Failed

Synopsis

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Ethos Capital's, a private equity firm, $1.1bn acquisition of the Public Interest Registry, which oversees the .org domain, has been blocked following widespread criticism. "After thorough due diligence and robust discussion, we concluded that this is the right decision to take. While recognising the disappointment for some, we call upon all involved to find a healthy way forward, with a keen eye to provide the best possible support to the .org community," The Internet Corporation for Assigned Names and Numbers.

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