Domainify Group, a leader in domain affiliates, acquired by Game Lounge
- S&P 500, Dow climb for third day and close at records
- Tesla (TSLA) China Numbers 'Robust' - Wedbush
- Apple (AAPL) Shares Seen as 'Attractive' as Recent Checks Show Continuously Strong Demand - Citi
- Investors Poured More Money Into Stocks in Past 5 Months Than Last 12 Years, Says BofA, Analysts Worried About Stretched Valuations
- Amazon.com warehouse workers vote to reject forming union in Alabama
Get instant alerts when news breaks on your stocks. Claim your 1-week free trial to StreetInsider Premium here.
NEW YORK, March 3, 2021 /PRNewswire/ -- FE International, Inc., the global market leader in mid-market technology mergers and acquisitions (M&A), announces the acquisition of Domainify Group by Game Lounge.
For over a decade, the Domainify Group has led the business name generation and domain marketplace niche. Now, its acquisition serves as a start to Game Lounge's newly established division focused on the B2B market.
"Domainify has demonstrated incredible growth over the last ten years, having become one of the largest domain affiliates in the world," said Thomas Smale, CEO of FE International, which served as the sole sell-side M&A advisor on the acquisition. "We were honored to work with the Domainify team to ensure a smooth acquisition by Game Lounge, which has the expertise and passion to further that growth and success."
Mark Cambridge, owner of Amai, praised FE's services.
"For anyone looking to buy or sell a business, FE International should be at the top of your list. They made the process of selling the business stress free. Their communication and commitment to completing the deal was flawless, and they worked tirelessly to get the best outcome for both the buyer and myself," Cambridge said.
Kristoffer Lindstrom, CSO of Game Lounge, echoed those sentiments.
"The Domainify asset acquisition has been one of the smoothest transactions we have conducted, primarily thanks to FE's diligent work and the seller's cooperation. Our trust in FE helped speed up the diligence process, as we knew the information given was vetted and verified," Lindstrom said. "Now, as the deal has closed, the real work starts! With the help and resources of our Group, we look forward to taking the acquired sites to even greater heights."
About AmaiAmai is a provider of e-commerce software solutions for Shopify merchants and an approved Shopify Partner. For more information please visit amai.com.
About Game LoungeGame Lounge was founded in 2011 with the vision to transform affiliate marketing for the igaming sector in the Nordics and beyond.
About FE International, Inc.FE International is an award-winning global M&A advisor of SaaS, e-commerce and content businesses, with over 900 closed transactions. It is also the preeminent valuation thought leader in the industry.
Founded in 2010, FE is known for its extensive network of pre-qualified international investors. Its team includes experts in exit planning, valuation, accounting, legal and more.
With headquarters in New York and regional offices in Miami, San Francisco and London, FE is an international company serving clients worldwide. It was named the 8th fastest-growing financial services company in the Americas (133rd overall) by the Financial Times in 2020 and is a two-time Inc. 5000 company.
Kevin OhFE International, Inc. +1 (800) 403 9067 firstname.lastname@example.org
View original content to download multimedia:http://www.prnewswire.com/news-releases/domainify-group-a-leader-in-domain-affiliates-acquired-by-game-lounge-301239940.html
SOURCE FE International
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- More Than 100 Business Leaders Join Call To Discuss Non-Partisan Action Against Restrictive Voting Law Proposals
- FSIS ISSUES PUBLIC HEALTH ALERT FOR RAW GROUND TURKEY PRODUCTS LINKED TO SALMONELLA HADAR ILLNESS
- F-star Therapeutics Shows Differentiation of FS222 in 2021 AACR Poster
Create E-mail Alert Related CategoriesPRNewswire, Press Releases
Related EntitiesDefinitive Agreement
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!