HEG serves similar customers to GoDaddy's core customer base – namely, small ventures and the web professionals who support them.
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He will report to Andrew Low Ah Kee, GoDaddy's Executive Vice President of International. GoDaddy's European team will report into Pulvermüller. Patrick Pulvermüller will lead the combined company's European operations. Together GoDaddy and HEG will provide even more value for our customers and introduce new solutions to help their ventures succeed." "What stands out is the strategic alignment of the companies – we're both driven to empower people to transform their ideas and bring them to life online. "In combining with GoDaddy, we see a remarkable opportunity for our customers, partners and the small business ecosystem in Europe," said Patrick Pulvermüller, Group CEO of HEG. By joining forces with HEG, we accelerate our expansion into Europe with the delivery of a broader range of cloud-based products, built on a single global technology platform, and supported by unparalleled customer care to help small businesses and web designers succeed online." "HEG has built an impressive business that generates strong top-line growth, high margins, and industry-leading customer satisfaction. " GoDaddy has successfully expanded its international business to 56 global markets over the past four years," said GoDaddy CEO Blake Irving.
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GoDaddy and HEG share a strong cultural focus on the needs of small business customers, supporting their product offerings with consultative customer care that drives high customer retention. With strong positions in the UK and Germany, including brands such as 123Reg, Domain Factory, Heart Internet and Host Europe, HEG complements GoDaddy's leading position in the US and fast-growing international footprint.Ĭombining GoDaddy's global technology platform with HEG's footprint in Europe will enable the rapid deployment of a broader range of products to customers and allow for better scale of product development and go-to-market investments across both companies. GoDaddy intends to integrate the majority of HEG's business while exploring strategic alternatives for HEG's PlusServer managed hosting business, including a possible sale.Īs the largest privately-owned web services provider in Europe, HEG serves small businesses and web experts, and has built a thriving business with more than 1.7 million customers. HEG is currently owned by international private equity firm Cinven, which acquired the business in August 2013.