GoDaddy Inc. (NYSE:GDDY) entered into a definitive agreement to acquire Main Street Hub, Inc. for approximately $180 million on January 23, 2018. GoDaddy will pay approximately $125 million in cash plus up to $50 million in potential future earnouts. Main Street Hub co-Chief Executive Officer's and co-founders Matt Stuart and Andrew Allison will join GoDaddy in leadership positions within GoDaddy's Presence and Commerce business unit. GoDaddy will maintain Main Street Hub's offices in Austin, Texas. The transaction is subject to customary regulatory and other closing requirements. The transaction has been approved by the board of directors of GoDaddy and it is expected to close late in the second quarter of 2018. As of May 9, 2018, the transaction us expected to close in early third quarter of 2018. Wilson Sonsini Goodrich & Rosati, Professional Corporation acted as the legal advisor for GoDaddy Inc.