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GoDaddy: Acquires Poynt

December 20, 2020

GoDaddy empowering everyday entrepreneurs around the world by providing all of the help and tools to succeed online
Acquires Poynt, Expands Commerce Services with Offline Sales and Integrated Payments
GoDaddy pay $320 million in cash at closing and $45 million in deferred cash payments subject to certain performance
The transaction expected to close in the first quarter of 2021, subject to the satisfaction of regulatory approvals
Poynt accelerates strategy to provide a complete suite of commerce and payment services to address this critical customer need
Poynt spent the past seven years building the most advanced connected commerce platform on the market