GoDaddy, the world’s largest domain registrar, has been sold to three private equity firms in a deal valued at $2.25 billion, the company announced late Friday.

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As reports circulated last week private equity firms KKR & Co., Silver Lake Partners and Technology Crossover Ventures purchased Godaddy for a whopping 2.25 Billion. Godaddy Ceo Bob Parson feels under new management the company can see more growth throughout the company and brand.  Bob Parson told the LA Times that “What these guys see is a company with a lot more potential internationally and more potential to make partnerships and acquisitions. They’ll help us financially and they’ll help us recruit talent.”