This month, American private equity firm, Golden Gate Capital announced that it has acquired Neustar. The transaction was valued at approximately $2.9 billion, including debt to be refinanced. Neustar shareholders will receive $33.50 per share in cash, a premium of 45%.
James Cullen, Chairman, Neustar said :
We are pleased to have reached this agreement, which will deliver certain and immediate value to our shareholders.
We are confident that today’s announcement represents the best path forward for all of Neustar’s stakeholders.
Neustar’s businesses include the Registry operations for .US, .CO, .BIZ. In mid-2015, they acquired Bombora Technologies, whose subsidiaries include AusRegistry and ARI Registry Services. Neustar provides Registry services for over 300 new gTLDs and also provides marketing, risk, security and communications services
Rishi Chandna, Managing Director, Golden Gate Capital said :
We look forward to partnering with the Neustar team to achieve its strategic objectives, make the Company’s competitive advantages even more compelling and drive value for all of Neustar’s stakeholders.
The transaction is expected to close by the end of the third quarter of 2017 and is subject to approval by Neustar’s shareholders, regulatory approvals, and other customary closing conditions.
Last month, in an exclusive interview with webhosting.info, Director Of Registry Services and Global Channel Management at Neustar, Crystal Peterson spoke about Neustar’s future in the industry.