According to the New York Post, GoDaddy.com is pushing ahead with an initial public offering early next year that would value the world’s biggest domain registration service at roughly $4.5 billion
GoDaddy is stressing its desire to diversify from a domain registrar to a business that builds out Web sites for customers and helping them to process transactions on their sites.
GoDaddy has an average revenue per user, of $112 up from $102 9 months ago
Adjusted earnings before interest, taxes, depreciation and amortization rose to $215 million, from $156 million.
GoDaddy’s backers, who paid $2.25 billion for the company in 2011, have incentive to proceed with an IPO.
GoDaddy borrowed $1.1 billion so it could pay KKR and Silver Lake a $350 million dividend.
The 4.75 percent interest loan falls by half a percent if GoDaddy goes public