Reglikedomain industry desk

Details on Investment and Reorganization — NameDrive Releases

Parking firm confirms recent investment and restructuring.

Today I received information from domain name parking and sales firm NameDrive regarding its recent investment from BIP Investment Partners and its firm reorganization.

News of the investment and reorganization was first noted by Domain Name News on Tuesday. [Update: DNN’s source was DVmag.de.]

BIP Investment Partners S.A., a public investor listed on the Luxembourg stock exchange, made an undisclosed investment in the firm. BIP is no stranger to domain names; it holds investments in German registrar Key-Systems, Luxembourgian registrar EuroDNS, domain fund Domain Invest, as well as Polish registrar az.pl.

Michael Riedl, Investment Director at BIP states, “We want NameDrive to be the Apple of the domain parking industry.”

NameDrive now has three subsidiaries: NameDrive EU Sàrl and NameDrive IP Sàrl (Luxembourg), NameDrive US LLC (Texas, U.S.) and NameDrive SRL (Romania). I toured NameDrive’s facilities in Austin last year.

Founded in 2005, the parking firm is known for its prowess in monetizing international domain names. Its parking pages are in 21 languages, the firm’s homepage is available in 8 languages, and its staff members typically speak at least two languages. The firm states it has over 75,000 clients and has sold over $10 million in domains on its NDX Market since launching it in 2008.

Also on the wire

Other reporting from the domain desk.

Go public through SPAC — System1 toDomain ParkingGo public through SPAC — System1 toClick, when will you be cleaned up? — Oh, zeroDomain ParkingClick, when will you be cleaned up? — Oh, zeroPDomain ParkingPilots to play DomainFest — Stone TempleMDomain ParkingMade a $2,333 RPM on a parked domain — How IDomain monetization firm Team Internet grossed over $74 million last yearDomain ParkingDomain monetization firm Team Internet grossed over $74 million last yearSend your domains to “for sale only” landers at DNS — How toDomain ParkingSend your domains to “for sale only” landers at DNS — How toNDomain ParkingNow What for Domainers?: MicrohooPer Action Replace Cost Per Click? — Will CostDomain ParkingPer Action Replace Cost Per Click? — Will CostGoogle Adsense for Domains Testing Fresh Design TemplatesDomain ParkingGoogle Adsense for Domains Testing Fresh Design Templates