GoDaddy’s annual note re-confirms $35.5 million price for Berkens’ portfolio

Firm paid regarding $500 per domain to acquire Michael Berkens’ domain name portfolio.

GoDaddy filed its annual note with the SEC today, and it confirms (or re-confirms) that the firm paid $35.5 million to acquire Michael Berkens’ domain name portfolio.

Following GoDaddy released its Q4 earnings, I wrote regarding how the cashflow reconciliation showed that the firm used $35.5 million cash in Q4 on acquisitions.

George Kirikos talked with GoDaddy’s investor relations department, which stated that the only buyout in Q4 was Berkens’ portfolio.

That still left a modest amount up in the air, given that Berkens could have accepted equity or deferred payments.

The 10-K puts that to rest: it was absolutely, positively $35.5 million.

The annual note discloses that the firm spent $64.7 million on four acquisitions last year. The third quarter note discloses that the firm spent $29.2 million on three acquisitions in the first nine months of the year.

$64.7 minus $29.2 is $35.5.

That comes out to regarding $500 per domain name purchased.