CVC Capital Acquires Majority Stake in Namecheap for $1.5 Billion

According to the Wall Street Journal, global private equity firm CVC Capital Partners has reached an agreement to acquire a majority stake in domain name registration and hosting company Namecheap at a valuation of approximately $1.5 billion (including debt). The deal is considered one of the most notable capital moves in the domain name industry in recent years.

Namecheap was founded by Richard Kirkendall approximately 25 years ago and is headquartered in Arizona, USA. Over the years, Namecheap has grown into a major player in the industry with its extensive product line and user-friendly services. According to the latest disclosed data, Namecheap achieved $398 million in revenue in 2024, an 18% year-on-year increase, demonstrating strong growth momentum.

It is reported that after the completion of the transaction, founder Kirkendall will retain a significant stake and continue to play a key role in the company's strategy and operations. The transaction covers not only Namecheap itself but also its emerging platform Spaceship.com. While the specific terms of the transaction have been finalized, the official announcement date has not yet been announced.

The acquirer, CVC Capital Partners, is one of Europe's largest private equity firms, with approximately €200 billion (approximately $235 billion) in assets under management. CVC has a long-standing presence in internet infrastructure, including WebPros, a portfolio company that supports over 80 million domain names and 30 million hosting accounts worldwide. This acquisition further expands CVC's reach in domain registration and hosting.

DN.com sincerely congratulates Namecheap on this milestone transaction and wishes it continued success with CVC's support. We also look forward to the continued maturity and growth of the entire domain ecosystem, providing more stable, efficient, and innovative services to users around the world.