CentralNic Group Plc (LON:CNIC) CEO Ben Crawford talks to DirectorsTalk about its acquisition of KeyDrive S.A. a transformational deal for the company. Ben explains how KeyDrive will add to the company’s offering, why it was the right time, how it will be funded, growing organically, differing from the competition, its strategy post deal, a 42% discount, integration and the key attractions of the deal.
CentralNic Group Plc is a London-based AIM-listed company which develops and manages software platforms allowing businesses globally to use the internet for their own websites and email, as well as protecting their brands online. Its core growth strategy is identifying and acquiring cash-generative businesses with annuity revenue streams and exposure to emerging markets, and migrating them onto the CentralNic software and operating platforms.
CentralNic operates globally with customers in over 200 countries. It earns revenues from the worldwide sales of internet domain names and hosting on an annual subscription basis.