Dominion Enterprises

Dominion Enterprises

Company type	Subsidiary
Industry	Technology
Founded	2006;20 years ago (2006), in Virginia, United States
Headquarters	Norfolk, Virginia , United States
Area served	Worldwide
Key people	Charles Watkins (president and CEO)
Products	Software and Information services
Parent	Landmark Media Enterprises LLC
Website	dominionenterprises.com

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.^{[ citation needed ]}

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.