GoDaddy Group was recently sold to the private equity firms KRR & Co., Silver Lake Partners, and Technology Crossover Ventures, according to the Wall Street Journal. The pruchase price was rumored to have been about $2.25 billion, about half of which is debt.

Bob Parsons is expected to stay on as CEO. He is a supporter of Danica Patrick, and a spokesperson for the company said that the sale would not affect their sponsorship of Patrick