KKR, Silver Lake to purchase Go Daddy for $2.25 bln-sources, (NYSE: KKR)

Web hosting company The Go Daddy Group Inc agreed to be bought by a private equity consortium led by KKR (KKR.N) and Silver Lake for $2.25 billion, including debt, people close to the situation said on Friday. The decision to sell will give Go Daddy access to deep-pocketed backers to purchase other firms and broaden its presence internationally, Go Daddy's founder Bob Parsons told Reuters in an interview. Parsons said using the private equity buyers knowledge of the public markets would eventually aid in the company's IPO should it take that path. The private equity buyers also include Technology Crossover Ventures. Go Daddy announced the deal but did not disclose the terms.

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