![]() ![]() ![]() "We believe there is an enormous opportunity to build on Endurance's success," said Jim Neary, Managing Director, Warburg Pincus. We look forward to leveraging their deep technology expertise and strategic insight as we continue to innovate and grow in order to meet our customers' continuously expanding needs." We are delighted to welcome Warburg Pincus and GS Capital Partners as our investors and appreciate their strong vote of confidence in our business model. Hari Ravichandran, Endurance's Founder and Chief Executive Officer said, "During the past 15 years, Endurance has built a great business by catering to the online needs of small- and medium-sized businesses. Since its founding in 1997, Endurance has grown to become one of the world's leading providers of hosting and related online services for small- and medium-sized businesses – providing web hosting accounts to over 1.9 million unique customers, managing more than 7.7 million domains and delivering over 5 million applications through its proprietary cloud-based infrastructure. Terms of the transaction were not disclosed. Endurance's current management team and Accel-KKR will continue to maintain an interest in the Company. 7, 2011 /PRNewswire/ - Warburg Pincus and GS Capital Partners, two leading global private equity investors, today announced that they have reached an agreement to acquire a majority stake in Endurance International Group ("Endurance " or the "Company"), a leading provider of hosting and online services to small- and medium-sized businesses, from Accel-KKR. ![]()
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