Worcester web hosting company buys competitor

NAMESCO

Worcester-based Namesco has bought FreeParking Domain Registrars.

Following the sale, FreeParking will continue to manage over 300,000 domain names and websites for its customers in over 120 countries.

The acquisition by Namesco, one of the UK’s largest domain name and web hosting providers, will allow the firm to expand its reach as a key European brand of parent company team.blue.

The deal will see the transfer of FreeParking’s domain and hosting to Namesco Limited, a business that has been supporting customers since 1996, with UK-based data centres and a customer support team based in Worcester.

Paul Lomax, founder of FreeParking Domain Registrars Inc., said: “Having grown the FreeParking business into being one of the largest independent registrars of UK domains, it was a natural step for the team at Namesco to take it forward within its group. Following the completion of this transaction I’m confident for the future direction and growth of the FreeParking business, while maintaining a strong focus on client service.

“It was important to all parties that the deal was managed in an efficient and timely way, ensuring a seamless transition for our valued customers as the business moves into its next chapter and I was grateful for the support we received from Kuits to achieve this.”

Foot Anstey acted as legal advisors to Namesco, led by senior associate Charlotte Hugo. Manchester commercial law firm Kuits acted as legal advisors to FreeParking.