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.

Dominion Enterprises
TypeSubsidiary
IndustryAdvertising and Software
FoundedVirginia, United States (2006)
Headquarters
Norfolk, VA
,
United States
Area served
Worldwide
Key people
Charlie Watkins, President and CEO
ProductsMedia
ParentLandmark Media Enterprises LLC
WebsiteDominion Enterprises

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
  1. Fell, Jason (2008-06-16). "As Weather Channel Deal Nears Closure, Eyes Turn to Magazine Division". FolioMag.com. Retrieved 2009-09-23.
  2. Louch, Staff reporter and William. "Eurazeo and Goldman Sachs Team Up to Buy Dominion Web". www.penews.com. Retrieved 2019-09-10.
  3. web, The Virginian-Pilot / from the. "Norfolk-based Dominion Enterprises sells ForRent.com". dailypress.com. Retrieved 2017-10-06.
  4. Pierceall, Kimberly. "Parent company of The Virginian-Pilot sells ForRent.com for $350 million". Virginian-Pilot. Retrieved 2017-10-06.
  5. Shean, Tom (2009-01-03). "Landmark sues over dispute with Cox about publications". hamptonroads.com. Retrieved 2010-06-17.
  6. "Dominion Enterprises". businessweek.com. Archived from the original on December 11, 2008. Retrieved 2010-06-17.
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