Divestiture • Information Technology

Newfold Digital Acquires Verio - non-Cloud Assets

On May 26, 2015, Newfold Digital acquired information technology company Verio - non-Cloud Assets from Verio

Acquisition Context
  • This is Newfold Digital’s 5th transaction in the Information Technology sector.
  • This is Newfold Digital’s 8th transaction in the United States.

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M&A Deal Summary

Date May 26, 2015
Target Verio - non-Cloud Assets
Sector Information Technology
Buyer(s) Newfold Digital
Sellers(s) Verio
Deal Type Divestiture

Target Company

Verio - non-Cloud Assets

United States
Verio's non-Cloud assets includes the Verio's retail business.
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Buyer Overview 1

Buyer

Newfold Digital

Jacksonville, Florida, United States

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 Context for Buyer #
Overall 9 of 19
Sector: Information Technology 5 of 6
Type: Divestiture 3 of 5
Country: United States 8 of 14
Year: 2015 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-11-11 Arvixe

Calabasas, California, United States

Arvixe LLC is a web hosting company.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-06-25 World Wide Web Hosting

Fayetteville, Arizona, United States

World Wide Web Hosting LLC is a provider of Web hosting and Website solutions.

Buy -

Seller Profile 1

SELLER

Verio

Englewood, Colorado, United States

Category Company
Founded 1996
Sector Information Technology
DESCRIPTION

Verio, Inc. is a provider of web hosting and managed services to small- and medium-sized businesses.


Deal Context for Seller #
Overall 2 of 2
Sector: Information Technology 1 of 1
Type: Divestiture 2 of 2
Country: United States 2 of 2
Year: 2015 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-12-03 Verio - T-1 Internet Access Customers

Englewood, Colorado, United States

Verio's T-1 Internet Access Customers include more then 2,400 customers across 23 markets.

Sell -