CheapYellowPages.com, owned by Brian Wick, a domain developer that owns about 6,000 .com, just completed the sale of Orangefield.com for $75K in a private transaction.
The buyer did not identify themselves to the Seller as it pretty common and since the DNS has not updated, we can only guess as to the identity of the buyer
There is an Orangefield, Texas, USA but it seems like a very small town with a population of only around 1,000 people.
My money is on a company called OrangefieldTrust.com which is a multinational company with offices in many countries throughout Europe which used to be known as ING trust.
From its website:
“”ING Trust started to offer its services in the Netherlands and the Netherlands Antilles in the late 1970s. A decade later, the Hong Kong office was opened and the Mauritius’ operations started just before the millennium. In 2001, ING Trust acquired the Dutch trust company Intra Beheer, which was founded by the law firm of Baker & McKenzie in 1973. ING Trust Luxembourg merged with BBL Trust in 2003.
Foreman Capital, management continued the activities of ING Trust worldwide in 2007 under the new name Orangefield Trust. Since that date we have expanded our network with offices in Singapore, British Virgin Islands, United Kingdom (London), Germany (Frankfurt), France (Paris) and Spain (Barcelona). We are preferred supplier to the ING Group
We consider ourselves entrepreneurs and are therefore keen on customer value. Supporting you in the best way possible enables us to achieve our growth potential.”
Once the whois record updates we will find out who the buyer was if in fact is was the small town in Texas they everyone’s GEO holdings just went up.
CheapYellowPages owns some nice domains like CapitalHill.com, which is in the process of launching a site towards the end of the year as well as some great “cheap”domains and sites including: CheapApartments.com, CheapLawyers.com and CheapMeds.com/CheapDrugs.com, CheapHomes.com, CheapRealEstate.com and CheapForeclosures.com.
“We are happy with the ability to reinvest the $75K in other areas of our business model and we believe the buyer got a great value in furthering their business model.”
Congrats to Cheapyellowpages.com, Brian and the buyer.