Former Melbourne IT Wholesale Domain Business Sold
The Arq group that was formerly known as Melbourne IT has sold their domain name reseller business TPP Wholesale to a European business group.
The Company has been acquired by CentralNic Group PLC a UK based domain name registry service that currently manages an array of new gTLDs, ccTLDs, and SLDs extensions.
CentralNic Group PLC is listed on the London Stock Exchange.
In an email to clients Aaron Mailey Sales Director, TPP Wholesale said that the CentralNic Group customer base aligns very closely with TPP Wholesale.
He said that a key focus throughout the acquisition discussions was “A smooth transition and positive experience for existing customers”.
He said that the new owners plan to deliver new products including increased automation via RRPproxy (Key-Systems’ reseller platform), more TLDs including direct .au (when available), new hosting platforms and improved product mix.
He said that the current Console reseller platform won’t change but it will get some “significant improvements”.
CentralNic has customers in almost 200 countries.
Wholesaling is CentralNic single largest business via Key-Systems, a world leader in the wholesale market.
The UK Company wholesales domains and other products to resellers globally via their reseller platform, RRPproxy. With the addition of TPP, CentralNic’s wholesale channel will make up approximately 75% of the combined company.
The CEO of CentralNic, Ben Crawford, is Australian and has a long history running innovative technology programs.
Whilst CentralNic is a global business, there is strong presence already in Australia and New Zealand, with over 50 staff supporting the local market.
Mailey added “With a large, global presence combined with strong local knowledge we feel you are in more than capable hands with CentralNic”.
The purchase price for the business has not been disclosed.