M&A Deal Summary

Newfold Digital Acquires Directi Web Technology Pvt.

On September 10, 2013, Newfold Digital acquired information technology company Directi Web Technology Pvt. for 110M USD

Acquisition Highlights
  • This is Newfold Digital’s 4th transaction in the Information Technology sector.
  • This is Newfold Digital’s 3rd largest (disclosed) transaction.
  • This is Newfold Digital’s 1st transaction in India.

M&A Deal Summary

Date 2013-09-10
Target Directi Web Technology Pvt.
Sector Information Technology
Buyer(s) Newfold Digital
Deal Type Add-on Acquisition
Deal Value 110M USD

Target

Directi Web Technology Pvt.

Mumbai, India
Directi is a domain registrar based in India. The Company was formed in 2012 and is based in Mumbai.

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Buyer(S) 1

Buyer

Newfold Digital

Jacksonville, Florida, United States

website


Category Company
Founded 1997
Sector Internet Software and Services
Revenue 1.1B USD (2019)
DESCRIPTION

Newfold Digital is a provider of shared web hosting services to small businesses. Newfield Digital helps customers of all sizes build a digital presence that delivers results. Newfold Digital has extensive product offerings and personalized support with customers to serve their online presence needs. Newfold Digital was founded in 1997 and is based in Jacksonville, Florida.


DEAL STATS #
Overall 5 of 18
Sector (Information Technology) 4 of 6
Type (Add-on Acquisition) 4 of 13
Country (India) 1 of 1
Year (2013) 1 of 1
Size (of disclosed) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-08-15 Homestead Technologies

Menlo Park, California, United States

Homestead Technologies Inc. provides a suite of easy-to-use, non-technical Web site creation products, e-commerce solutions and online marketing products and services for small businesses and organizations that wish to establish or enhance their presence online.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-03-25 Mojoness

Salt Lake City, Utah, United States

Mojoness uses a proprietary network of approximately 2,500 application developers to deliver innovative themes, code and scripts to users of popular open-source applications, including WordPress, Joomla and several shopping carts.

Buy -