M&A Deal Summary

Newfold Digital Acquires YITH

On March 17, 2022, Newfold Digital acquired internet software and services company YITH

Acquisition Highlights
  • This is Newfold Digital’s 10th transaction in the Internet Software and Services sector.
  • This is Newfold Digital’s 1st transaction in Spain.

M&A Deal Summary
Date 2022-03-17
Target YITH
Sector Internet Software and Services
Buyer(s) Newfold Digital
Deal Type Add-on Acquisition

Target

YITH

Tenerife, Spain
website
YITH is an independent marketplace for WooCommerce plugins. The company designs, develops, maintains, and supports its library of over 100 free and premium WooCommerce plugins ensuring reliability year after year. All plugins are developed through a proprietary framework that grants 100% compatibility among plugins and the latest WordPress technologies for advanced features online sellers need to build and grow their business. YITH is based in Tenerife, Spain.

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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 17 of 18
Sector (Internet Software and Services) 10 of 11
Type (Add-on Acquisition) 13 of 13
Country (Spain) 1 of 1
Year (2022) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-08 Hostopia Australia

Sydney, Australia

Hostopia Australia is a hosting provider to more than 50,000 small business customers and hosts 250,000 websites. Hostopia Australia was founded in 2017 and is based in Sydney, Australia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-09-12 MarkMonitor

Meridian, Idaho, United States

MarkMonitor is an enterprise-level provider of domain management solutions. MarkMonitor uses a SaaS delivery model to provide advanced technology and expertise that protects the revenues and reputations of global brands. In the digital world, brands face new risks due to the web's anonymity, global reach, and shifting consumption patterns for digital content, goods, and services. Customers choose MarkMonitor for its unique combination of expertise, advanced technology, and extensive industry relationships to preserve their marketing investments, revenues, and customer trust. MarkMonitor was founded in 1997 and is based in Meridian, Idaho.

Buy $303M
Mergr

Product

Company

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