GoDaddy Acquires Poynt for Up to $365 Million
December 15, 2020
GoDaddy entered into a definitive agreement to acquire Poynt for $320 million in cash at closing plus $45 million in deferred cash payments subject to performance and employment conditions over three years. The deal is expected to close in the first quarter of 2021, pending regulatory approvals and customary closing conditions.
- Buyers
- GoDaddy Inc.
- Targets
- Poynt
- Industry
- Payments & Fintech
- Location
- Arizona, United States
- Transaction Type
- Buyout
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