To be public or not to be
The popular web hosting company is now at a crossroads, whether to choose to remain a public company or not. Endurance is working with an adviser on the options. The company representatives declined to comment on the possible sale talks.
The company management, last considered a potential sale two years ago after its peer Web.com Group Inc. was sold to Siris Capital Group. Private equity firm Warburg Pincus and Goldman Sachs Group Inc., which took Endurance public in 2013, is remaining the company’s largest shareholders.