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.
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
- Jason Fell. As Weather Channel Deal Nears Closure, Eyes Turn to Magazine Division FolioMag.com, 2008-06-16, retrieved 2009-09-23^
- Staff reporter and William Louch. Eurazeo and Goldman Sachs Team Up to Buy Dominion Web www.penews.com, retrieved 2019-09-10^
- The Virginian-Pilot / from the web. Norfolk-based Dominion Enterprises sells ForRent.com dailypress.com, retrieved 2017-10-06^
- Kimberly Pierceall. Parent company of The Virginian-Pilot sells ForRent.com for $350 million Virginian-Pilot, retrieved 2017-10-06^