CentralNic accelerates growth strategy through acquisition

1 Feb, 2016

Crowe Clark Whitehill supports CentralNic in major acquisition of Instra Group.

CentralNic Group Plc, the AIM listed internet platform business which derives revenues from the global sale of domain names, has completed the acquisition of Instra Group buy for a total consideration comprising AU$30 million in cash and AU$3 million in shares in CentralNic Group plc.

Instra Group supplies its customers with domain names for over 150 country codes (the equivalents of .co.uk for over 150 countries), as well as for all new top-level domains available to consumers.

Crowe Clark Whitehill’s transaction support team was led by Robin Stevens, who provided financial due diligence services to CentralNic.

We are delighted to have supported CentralNic on this major acquisition, involving our teams in the UK and Australia, which will allow the Group to expand more quickly into the global domain name market.
— Robin Stevens, Corporate Finance Partner, Crowe Clark Whitehill
This deal is transformative for the Group as we continue our growth strategy. We were delighted by the support provided by the team at Crowe Clark Whitehill. They were an integral part of the process and delivered an exceptional service throughout the transaction.
— Ben Crawford, CEO, CentralNic’s
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