BURLINGTON, ON - June 25, 2024 – HostPapa Inc., a leading global web hosting and cloud service provider for small and medium businesses (SMBs), proudly announces its acquisition of Brandpa’s premium domain marketplace business. The purchase is expected to close on Tuesday, June 25, 2024; terms have not been disclosed.
With this exciting addition, HostPapa gains Brandpa’s sophisticated AI algorithms to seamlessly and intuitively connect buyers with their perfect premium domain. AI-enhanced marketing tools and skilled professionals also create 3D brand renderings to help businesses visualize their brand identity, along with SEO-optimized landing pages featuring personalized content, plus diverse ad content for social media marketing and retargeting.
Brandpa’s community of sellers will benefit from greater promotion opportunities for their premium domains through access to HostPapa's vast base of established hosting customers. They'll also have more flexible payment options across different currencies and will benefit from greater support.
According to the Global Domain Names Strategic Market Report, a staggering 431.8 million domain names were registered globally in 2022, and the market is forecasted to grow 6.7% by 2026 to 557.7 million. Growth in the domain market is supported by an increase in startups and businesses embarking on new projects that require a strong online identity.
"Adding Brandpa and its powerful AI technology to the HostPapa portfolio of products and services reflects our commitment to providing innovative solutions that cater to the evolving needs of businesses and entrepreneurs worldwide," noted Jamie Opalchuk, CEO of HostPapa. "This will enable businesses of all sizes to establish a compelling and recognizable brand online with unprecedented ease."
About HostPapa
HostPapa, Inc., founded in 2006 (www.hostpapa.com) and based in Burlington, Ontario, Canada, is a leading web hosting and cloud services provider for small businesses around the globe. HostPapa is committed to providing a complete array of enterprise-grade solutions to every business owner. These services, traditionally out of reach to smaller businesses, are offered in a one-stop shop, making it quick and easy for customers to select the services they need to grow. HostPapa backs these offerings with 24-7 award–winning multilingual customer support provided by a team of experts.
About Brandpa
Founded in 2013 and based in Derby, United Kingdom, Brandpa Ltd (www.brandpa.com) is an online marketplace for registered domain names, serving small and medium-sized businesses as well as individual entrepreneurs globally. The platform offers an extensive selection of domains across more than 30 industries, each complemented by a professionally designed logo and branding assets, facilitating the purchase of ready-to-use brands.
Contact information:
Name: Janis Pethybridge
Email: press@hostpapa.com
Website: www.hostpapa.com
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