leadf
logo-loader
RNS
viewCentralnic Group PLC

CentralNic Group PLC - Acquisition of SafeBrands

RNS Number : 3671L
CentralNic Group PLC
12 January 2021
 

12 January 2021

CentralNic Group plc

("CentralNic" or the "Company")

 

Acquisition of online brand protection software company SafeBrands

and

Strengthening of its Enterprise division

 

CentralNic Group PLC (AIM: CNIC), the global internet platform that derives revenue from the worldwide sales of internet domain names and related web services, is pleased to announce it has acquired SafeBrands, a leading online brand protection software provider and corporate internet services provider.

 

Acquisition of SafeBrands

On 9 January 2021, CentralNic acquired SafeBrands, a France-based award-winning innovator and technology pioneer for a total cash consideration of up to EUR 3.6m ($4.4m), representing 0.9x its FY2019 revenue. SafeBrands operated at approximately breakeven in FY2019. Out of the total consideration, EUR 3m ($3.7m) was paid upfront with the remaining EUR 0.6m ($0.7m) to be paid subject to SafeBrands having met agreed FY20 financial objectives.

 

SafeBrands is a leading French corporate registrar, with a stable and growing base of clients, including some of the leading French brands. It offers registration management for all Top-Level Domains and a wide range of Value Added Services for domain management and brand protection, including secure hosting, DNS optimisation and SSL management. SafeBrands' talented R&D team has a history of innovation and has developed cutting-edge proprietary monitoring solutions used by global brands to find and take action against fraud and counterfeits. Its multi-language SaaS platform analyses millions of relevant results every day, backed up by an extensive team of IP experts. SafeBrands is therefore ideally positioned to take advantage of the brand protection, DNS and Hosting markets which are all growing rapidly as COVID has accelerated the digitization of business.

 

SafeBrands' online brand protection products and expertise have, to date, been available to companies based in French-speaking markets. CentralNic plans to offer these services, which help businesses protect their revenue streams in digital channels, through its global Brand Services offering, which currently serves clients worldwide through teams based in the US, the UK, Canada, Australia, Germany, New Zealand, and other countries.

 

SafeBrands' strong presence in France, one of the largest internet services markets globally, complements CentralNic's brand services business, which includes a leading corporate registrar in Germany. This positions CentralNic as the European champion for corporate domain portfolio management and online brand protection, as well as one of the top three global leaders available to serve customers in any country.

 

Ben Crawford, CentralNic Group CEO, commented: "The acquisition of SafeBrands is an important next step for CentralNic in our strategy to provide comprehensive end-to-end digital domain name and online brand protection services to enterprise clients, globally. We are delighted that SafeBrands, its talented team of domain and IP protection experts, cutting-edge software and service portfolio and established business relationships, are becoming part of our Group. Intellectual Property is the lifeblood of any company, creating value and differentiation, and the successful future of any brand depends on protecting its IP with maximum efficiency. SafeBrands' brand protection products will help CentralNic further broaden our capabilities in this space, creating an unparalleled suite of solutions for our current and future customers."

 

Charles Tiné, CEO and founder of SafeBrands, added: "In the fast-growing domain name market, this represents a fantastic opportunity for SafeBrands to join the CentralNic family with the clear ambition to create a world leader in corporate domain management, online brand protection and DNS security. We share many common values that are reflected in the many synergies between our teams and technical platforms. CentralNic's resources and growth strategy are aligned with our ambitions and point to a very exciting future. After 23 years of organic and independent development, SafeBrands' Director General Frederic Guillemaut and I are convinced we have found the perfect fit for SafeBrands V2."

 

Strengthening and reorganisation of the Enterprise Division

CentralNic also announces that it is renaming its Corporate division as the Enterprise division, in line with its prior practice. Brand Services are currently the key constituent of the Enterprise division and the Group has appointed Haydn Simpson as Head of Brand Services. Haydn is a seasoned executive bringing over 20 years of domain management and brand protection leadership experience to the division, having previously held senior commercial and operational roles at NetNames, CSC and BrandSight (currently GoDaddy Corporate Domains).    

 

As part of this reorganisation, CentralNic has entered into an arrangement with Novagraaf, one of the world's largest trademark and patent filers. Novagraaf manages more than one million IP assets on behalf of customers, and represents many of the world's major trademark and patent owners. The arrangement includes a reciprocal reseller agreement for domain names and brand protection services, and CentralNic selling its minority stake in ThomsenTrampedach, a Swiss-based Online Brand Protection service provider, to Novagraaf. Being an equity consolidated minority, there will be no impact on revenue and negligible impact on EPS.

 

ENDS

 

For further information:  

CentralNic Group Plc

Ben Crawford, Chief Executive Officer

Don Baladasan, Group Managing Director

Michael Riedl, Chief Financial Officer

 

 +44 (0) 203 388 0600


Zeus Capital Limited (NOMAD and Joint Broker)

Nick Cowles / Jamie Peel (Corporate Finance)

John Goold / Rupert Woolfenden 

(Institutional Sales)

 

+44 (0) 161 831 1512

+44 (0) 203 829 5000

Stifel (Joint Broker)

Fred Walsh / Alex Price

+44 (0)20 7710 7600

 

 

Newgate Communications (for Media)

Bob Huxford

Tom Carnegie

Isabelle Smurfit

 

+44 (0) 203 757 6880

centralnic@newgatecomms.com

 

 

About CentralNic Group PLC

 

CentralNic (AIM: CNIC) is a global company listed on the London stock exchange that drives the growth of the global digital economy by developing and managing software platforms allowing businesses to buy subscriptions to domain names and related services, including protecting their brands online. In addition to providing core infrastructure services for the internet, CentralNic is a leader in protecting internet users through its sophisticated software, dedicated anti-abuse teams, and partnerships with such entities as the Global Cyber Alliance.

 

CentralNic's Brand Services companies offer the range of domain portfolio management and brand protection services to companies around the world, from small businesses to some of the largest companies in the world. 

 

For more information please visit www.centralnicgroup.com

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
ACQQLLBFFFLFBBB

Quick facts: Centralnic Group PLC

Price: -

Market: LSE
Market Cap: -
Follow

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

Tech in Focus: Large caps take a beating while small caps shine through

Proactive tech expert Richard Jeans analyses the sector which has endured a hit this week, with the UK large cap software and services sector the most vulnerable. Among the large caps, Blue Prism was worst hit. It slumped 26% on its full year results after it cut revenue guidance. Among the...

on 01/15/2021

6 min read