Manitoba NetSet Ltd

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Manitoba NetSet Ltd - overview

Established

2009

Location

-, MB, Canada

Primary Industry

Telecoms

About

Manitoba NetSet Ltd provides domain registration services, enabling businesses and individuals to secure and manage their online identities through a user-friendly platform. They serve a wide range of clients, from startups to established corporations. Manitoba NetSet Ltd specializes in domain registration services. Founded in 2009 and headquartered in Canada, the company has undergone no significant pivots in its business strategy.


It has completed 2 deals with the most recent occurring on October 23, 2017. In November 2017, Xplornet Communications Inc. , a portfolio company of Sandler Capital Management, Catalyst Investors, and Werklund Capital Corporation, acquired Manitoba NetSet Ltd. Financial terms of the transaction were not disclosed.


Netset1. ca specializes in domain registration services, primarily offering customers the ability to secure and manage domain names within various extensions. Their core product is the registration of domain names, which is critical for individuals and businesses seeking an online presence. The service encompasses a user-friendly platform that allows clients to search for available domain names, manage their registrations, and obtain WHOIS registration information.


The end users of this service range from small businesses and startups to larger corporations looking to establish or enhance their digital footprint. The company operates in several geographical markets, focusing on North America and Europe, catering to a diverse clientele that includes tech startups, e-commerce platforms, and personal brands seeking to register unique identifiers for their online ventures. The revenue model of Netset1. ca is primarily based on domain registration fees and associated services.


Customers engage in transactions through a straightforward process where they select and register domain names for a specified period, often on an annual basis. This transactional structure operates on a B2C model, where individuals and businesses directly purchase domain names from the company. Alongside domain registration, the company may offer additional services such as domain transfer, renewal, and website hosting solutions, which contribute to recurring revenue streams. While specific pricing plans for services are not disclosed, the company’s offerings typically align with industry standards, providing clients with competitive rates for both basic and premium domain registrations.


Looking ahead, Manitoba NetSet Ltd is focused on enhancing its service offerings and expanding its market reach. There are plans to launch new products designed to meet the evolving needs of their customers, with specific release dates to be announced. The company is targeting expansion into additional markets in North America and Europe, aiming to establish a broader presence by the end of 2023. The acquisition by Xplornet Communications Inc.


is expected to provide the necessary resources to support these initiatives, leveraging their existing infrastructure and expertise.


Current Investors

Catalyst, Sandler Capital Management, Xplornet Communications Inc.

Primary Industry

Telecoms

Sub Industries

Cable Service Providers, Internet Service Providers

Website

http://netset1.ca

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Manitoba NetSet Ltd - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-on, Trade SaleCompletedManitoba NetSet Ltd-
BuyoutCompletedManitoba NetSet Ltd-

Displaying 1 - 2 of 2

Manitoba NetSet Ltd - employee data

Blurred Background

Want to see Employee Count?

Request a demo for full access to this profile.

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.