Newfold Digital to Sell Markmonitor to Com Laude
Transaction supports Newfold Digital's focus on core global brands, Bluehost and Network Solutions
The sale is part of Newfold Digital's strategy to simplify its portfolio and double down on the areas where it can deliver the greatest value to customers – its core brands, Bluehost and Network Solutions. These businesses provide web presence, hosting, and retail registrar services that are central to Newfold Digital's long-term vision. Bluehost, trusted by over five million WordPress users, and Network Solutions, a long-time leader in domains and SMB online presence supporting millions of web properties, are both advancing their platforms with AI-driven website creation and innovative capabilities to help customers launch, grow, and stand out online.
"This step strengthens our focus on Bluehost and Network Solutions, positioning us to accelerate growth and deliver even greater value to customers," said
The terms of the transaction are subject to customary closing conditions and regulatory approvals.
RBC Capital Markets is serving as exclusive financial advisor, KPMG is serving as accounting and tax advisor, and Sidley Austin is serving as legal advisor to Newfold.
About Newfold Digital
Newfold Digital is a leading web and commerce technology company serving nearly seven million customers globally. Our portfolio of brands includes: Network Solutions, Bluehost, Crazy Domains, HostGator, Yoast and many others. We help customers of all sizes build a digital presence that delivers results. With our extensive product offerings and personalized support, we take pride in collaborating with our customers to serve their online presence needs. Learn more about Newfold Digital at Newfold.com.
About Clearlake
Clearlake Capital Group is a global investment firm managing integrated platforms spanning private equity, liquid and private credit, and other related strategies. Founded in 2006, the firm has more than
About Siris
Siris is a leading private equity firm that targets control investments in North American, middle-market technology and technology-enabled services companies. Siris leverages its Executive Partner network to deliver on strategic and operational portfolio company value creation objectives. Siris is based in
Newfold Digital Media Contact:
[email protected]
904-629-4388
Clearlake Media Contact:
[email protected]
917-880-7675
Siris Media Contact:
[email protected] / [email protected]
212-371-5999
View original content to download multimedia:https://www.prnewswire.com/news-releases/newfold-digital-to-sell-markmonitor-to-com-laude-302565131.html
SOURCE Newfold Digital
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