20i Reseller Hosting

£4.6m+ sale

Discussion in 'General Board' started by BREWSTERS, Nov 16, 2010.

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  1. BREWSTERS United Kingdom

    BREWSTERS Well-Known Member

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  2. Domain Forum

    Acorn Domains Elite Member

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    articles.co.uk
     
  3. Edwin

    Edwin Well-Known Member Exclusive Member

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    Current value of money probably comes into it. 5 mil give or take as a lump sum may open up new avenues of development/investment that a drip-drip of sales might not, even if the latter might fetch more. And even that's not clear if you think about the average sales price...
     
  4. rob United Kingdom

    rob Founding Member

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    Considering you could buy Earlsdon for a quid they have done well :)

    Nice sale, nice buy.
     
  5. JMOT

    JMOT Well-Known Member

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    Holy freeking cow...
     
  6. Pred United Kingdom

    Pred Well-Known Member

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    we were discussing this a while back weren't we?
    when would an enduser who gets it bowl in and buy up a block of the best domains
    just happened and they aint coming back on market

    i wouldn't call moneysupermarket a typical enduser though, they obviously get it and know the power of online
    its all they are

    great sale and another one to point buyers too, along with cruises etc
    more info would be good.
    mainstream will report this also hopefully and break it down and mention the actual domains
     
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  7. rob United Kingdom

    rob Founding Member

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    Nail on the head.

    Long term this will look even better for MSM.
     
  8. tifosi United Kingdom

    tifosi Well-Known Member

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    "you gotta know when to hold em, know when to fold em, know when to walk away, know when to run..."

    The buyer is online savvy, and the seller was smart to do the batch deal. Good for the UK market, but not one to be matched for some while if ever!

    Sort of reminds me of the Underground group buying up all the top sports single generics.

    S
     
  9. TinkyWinky United Kingdom

    TinkyWinky Active Member Acorn Supporter

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    That all .... seriously... I heard a few years back this portfolio had an offer of £8m and that was turned down... viscous rumours maybe - but £5m is pocket money for a company captialised at £300m plus with some great cashflow.

    For a few months work they can easily bring in £2m+ a year with current traffic, increased rankings as they start adding IBL's, and of course adding more specific niche areas to their sales...

    Mortgages.co.uk
    CreditCards.co.uk
    LifeInsurance.co.uk
    HealthInsurance.co.uk
    CarFinance.co.uk
    Savings.co.uk

    Read it and weep...

    Oh yes - at the same time they protect their market that little bit more from Meerkats and the such like.

    A steal IMHO.

    TW
     
  10. Pred United Kingdom

    Pred Well-Known Member

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    this must have been a distress sale or the sellers wife must have expensive tastes!
    (think 'brassed off' , 'she's out there spending!' :D) awesome film

    anyway, fact they're developed sites

    "Welcome to Mortgages.co.uk, your comprehensive online UK mortgage portal. We have over 3,700 pages of information, news, questions & answers and glossary sections, with separate areas for remortgages, buy to let, commercial mortgages, international mortgages, inheritance tax and how to make a will."

    they sold for pennies in the pound imho

    any top banking execs who read the sale report after the event and could have done a major buy for their respective banks need to stick their thumb up their ass and hand in their p45's imho
    they've had 14 years to get it. at least
     
  11. BREWSTERS United Kingdom

    BREWSTERS Well-Known Member

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    The deal could be worth upto £9m according to the article.
     
  12. rob United Kingdom

    rob Founding Member

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    It makes you think what a consortium of 15-20 domainers could purchase and work on... :)
     
  13. BREWSTERS United Kingdom

    BREWSTERS Well-Known Member

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    Too many cooks....look what happened with cowboys.com
     
  14. cm1975 United Kingdom

    cm1975 Well-Known Member

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    It interesting to see this happen. I met a couple of the guys from FSN a couple of years ago and was involved in a project that ran in partnership with them. There were changes at our end that ended the relationship, but the guys I met seemed incredibly nice chaps, so well done to them!
     
  15. JamesTuplin Germany

    JamesTuplin Active Member

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    Excellent buy for MoneySuperMarket .

    TBH suprised they didnt sell for more. Lifeinsurance.co.uk could quite easily earn them x,xxx per sale

    Nice to see the domains go to a good home.
     
  16. disruptive

    disruptive Well-Known Member

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    They sold to the Haggle Daddy! Nice sale. None too shabby.
     
  17. mojoco United Kingdom

    mojoco Well-Known Member Exclusive Member

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    Who is the haggle daddy ?
     
  18. James United Kingdom

    James Active Member

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    It's a bit bizarre that this has been reported as a domain sale, when in fact it wasn't. It was a sale of very profitable websites. I happen to know that mortgages.co.uk on its own generated well into mid-six figures per year. I am not sure what the other sites made.

    I wouldn't rule out a UK company spending this kind of money on undeveloped domain names, but that really hasn't happened here.
     
  19. Ashton Canada

    Ashton Well-Known Member

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    Good point james, I actually affiliate with a couple of there sites myself and know they do pretty well! Which brings more questions to the table.
     
  20. wb

    wb Well-Known Member Acorn Supporter

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    I'm glad James brought that up. I just read through the thread comments and was surprised nobody else has mentioned it so was about to comment on the same point - more of a company sale than just a domain one.
     
  21. cm1975 United Kingdom

    cm1975 Well-Known Member

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    I can understand what you mean. I would imagine there were might have been some contracts with third parties for lead generation?!? If so, there might need to be some business continuity and it should be viewed as a sale of the websites. If not, and Money Supermarket do not keep those developed websites live, then is it not just a sale of the domain names?

    It will be interesting to see what happens to them!
     
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