Reglikedomain industry desk

Montefiore Investment purchases domain name registrar Gandi

Montefiore Investment purchases domain name registrar Gandi

Private equity firm purchases domain name registrar with 2.5 million domains.

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Private equity firm Montefiore Investment has purchased domain name registrar Gandi.

In a heartfelt blog post, Gandi CEO Stephan Ramoin explained the origins of the firm and its values. One thing that’s unique regarding Gandi is that is has grown mostly by word-of-mouth; the firm didn’t jump into the advertising game like many registrars.

With a private equity backer, Ramoin noted that the firm will now look to acquire other businesses for the first time.

Gandi has revenues of over 37 million euros and 800,000 clients. More than half of its sales come from France, where it is located, but other regions have contributed substantially since the firm created overseas subsidiaries in 2012. Gandi has more than 2.5 million domains under management.

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