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Clearlake and Siris-backed Newfold Digital acquires YITH

Newfold Digital, a web and commerce technology provider backed by Clearlake Capital Group and Siris Capital Group has acquired YITH, one of the largest independent sellers and developers of WooCommerce plugins and themes for WordPress, a free and open-source content management system.

Terms of the transaction have not been disclosed.
 
With nearly 2.3 million active installs and more than 100 plugins that expertly solve most e-commerce needs, YITH enables customers to build and grow online WooCommerce stores. WooCommerce is the world’s No1 open-source e-commerce software, powering 22 per cent of the top one million e-commerce sites in the world.   

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