Tucows Inc. (NasdaqCM:TCX) entered into a Stock Purchase Agreement to acquire eNom Inc. from Rightside Group, Ltd. (NasdaqGS:NAME) for $83.5 million on January 20, 2017. Pursuant to the terms of the agreement, Tucows will purchase of all of the outstanding stock of eNom. The consideration is subject to customary adjustments following the closing, including a working capital adjustment of $6.8 million. The acquisition will be funded through an amendment increasing Tucows’ existing credit facility to a total of $140 million. Upon closing, Rightside will pay transaction expenses of approximately $4 million and substantially all of its existing indebtedness. Additionally, as a result of the transaction, Rightside has entered into a transition services agreement with Tucows to provide each company with the requisite services and sufficient resources needed to operate as separate companies. The transaction is expected to be immediately accretive to earnings and expected to close on January 20, 2017. Joanne R. Soslow and Andrew R. Mariniello of Morgan, Lewis & Bockius LLP acted as a legal advisor to Tucows Inc. and Patrick J. Schultheis, Bradley L. Finkelstein and Jeana S. Kim of Wilson Sonsini Goodrich & Rosati, Professional Corporation acted as a legal advisor to Rightside Group, Ltd. Barclays Capital Inc. acted as financial advisor for Rightside Group. Alan F. Denenberg and Max Brunner of Davis Polk acted as legal advisor for Barclays. Tucows Inc. (NasdaqCM:TCX) completed the acquisition of eNom Inc. from Rightside Group, Ltd. (NasdaqGS:NAME) on January 20, 2017.