Dominion Enterprises
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| Type | Subsidiary |
|---|---|
| Industry | Advertising and Software |
| Founded | Virginia, United States (2006) |
| Headquarters | Norfolk, VA , United States |
Area served | Worldwide |
Key people | Charlie Watkins, President and CEO |
| Products | Media |
| Parent | Landmark Media Enterprises LLC |
| Website | Dominion Enterprises |
Dominion Enterprises is a Norfolk, Virginia-based media and information services company for the automotive, real estate, and travel industries. It has Internet and printed media operations.
History[]
Dominion Enterprises was established in September 2006 by Landmark Media Enterprises (formerly Landmark Communications), following a division of assets of its predecessor company, Trader Publishing, between shared owners Landmark and Cox Enterprises.[1]
In May 2017, Dominion Enterprises sold Dominion Web Solutions to European firm Eurazeo and Goldman Sachs Group’s merchant banking division for $680 million.[2]
In September 2017, Dominion Enterprises 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.
Business activities[]
Dominion Enterprises provides advertising, marketing services, and software for dealers and private party sellers. [5] The company also develops internet technology for commercial customers.[6]
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.
- ^ Shean, Tom (2009-01-03). "Landmark sues over dispute with Cox about publications". hamptonroads.com. Retrieved 2010-06-17.
- ^ "Dominion Enterprises". businessweek.com. Retrieved 2010-06-17.
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