AXA Private Equity has taken a 15% stake in internet domain name operator INDOM.

INDOM, founded in 1999, has always been profitable, and has enjoyed an unbroken period of growth since 2004.

Antoine Lacour, senior investment manager at AXA Private Equity, said: “We understand investments in internet companies and this deal complements our stable of innovative companies. INDOM is an attractive firm as its executives have always been very hands-on and have been instrumental in creating and developing the internet domain names business globally.”