Renaissance Capital logo

Internet domain registrar Go Daddy.com files for IPO

May 12, 2006

Go Daddy.com, which is the world's largest Internet domain name registrar, with 13.6 million domain names under management, filed for an initial public offering with the SEC on Friday. The swiftly growing firm generated $140 million in revenue in 2005, but racked up nearly $12 million in losses. Lehman Brothers and Merrill Lynch are the joint book runners on the deal. The company has filed to be traded on the NASDAQ under the ticker DADY. Pricing terms were not disclosed in the initial filing.