Dominion Enterprises
Dominion Enterprises is a Norfolk, Virginia-based software and information services company for the automotive, power sports, real estate, travel and franchising industries. The businesses owned by Dominion Enterprises include DominionDMS, Activator, Dealer Specialties, Cross-Sell, DataOne Software, Prime Street, Franchise Ventures, DX1, ZiiDMS, and Travel Media Group.
 | |
| Type | Subsidiary |
|---|---|
| Industry | Technology |
| Founded | Virginia, United States (2006) |
| Headquarters | , United States |
Area served | Worldwide |
Key people | Charles Watkins, President and CEO |
| Products | Software and Information services |
| Parent | Landmark Media Enterprises LLC |
| Website | Dominion Enterprises |
History
Dominion Enterprises was established in September 2006 by Landmark Communications, Inc. following a division of assets of its predecessor company, Trader Publishing, between shared owners Landmark and Cox Enterprises.[1]
In May 2017, it sold Dominion Web Solutions to European firm Eurazeo and Goldman Sachs Group’s merchant banking division for $680 million.[2]
In September, the company sold ForRent.com to CoStar Group for $350 million in cash and $35 million worth of stock.[3][4]
In April 2021, Dominion Enterprises announced the sale of Homes.com to CoStar Group Inc. for $156 million.
References
- Fell, Jason (2008-06-16). "As Weather Channel Deal Nears Closure, Eyes Turn to Magazine Division". FolioMag.com. Retrieved 2009-09-23.
- Louch, Staff reporter and William. "Eurazeo and Goldman Sachs Team Up to Buy Dominion Web". www.penews.com. Retrieved 2019-09-10.
- web, The Virginian-Pilot / from the. "Norfolk-based Dominion Enterprises sells ForRent.com". dailypress.com. Retrieved 2017-10-06.
- Pierceall, Kimberly. "Parent company of The Virginian-Pilot sells ForRent.com for $350 million". Virginian-Pilot. Retrieved 2017-10-06.