Ethos Capital LLC, a private equity firm that invests in middle-market companies, has completed an investment to acquire a controlling interest of Donuts Inc. from Abry Partners. Based in Seattle, WA, Donuts holds a portfolio of top-level domains.
“With extensive operational expertise and significant experience in domain name and related industries, Ethos Capital is the perfect partner to support our mission of reliability, security, and stability, as well as position us for continued success. We look forward to working with the Ethos Capital team and leveraging their expertise as we enter this next phase of growth,” said Akram Atallah, CEO of Donuts.
“Akram and the rest of the Donuts team have built an industry-leading domain company and demonstrated consistent organic growth through multiple market cycles. We are thrilled to partner with the team and look forward to applying our unique value proposition to their existing platforms,” Eric Brooks, co-CEO of Ethos Capital said.
Morrison & Foerster LLP served as legal counsel to Ethos Capital. Donuts was advised by Kirkland & Ellis LLP. There were no investment bankers involved in the transaction.