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Clearlake Capital and Siris Capital-backed Newfold Digital to acquire MarkMonitor from Clarivate in $302.5m deal

Newfold Digital (Newfold), a web and commerce technology provider backed by Clearlake Capital Group and Siris Capital Group, is to acquire MarkMonitor, a provider of domain management solutions, from information and insights specialist Clarivate.

Newfold Digital (Newfold), a web and commerce technology provider backed by Clearlake Capital Group and Siris Capital Group, is to acquire MarkMonitor, a provider of domain management solutions, from information and insights specialist Clarivate.

Under the terms of the agreement, which is expected to close in late 2022 subject to the satisfaction of regulatory approvals and other customary closing conditions, Clarivate will receive cash proceeds of approximately $302.5 million. 

The acquisition of MarkMonitor underscoresNewfold Digital’s continued commitment to providing differentiated web presence solutions to customers across the globe. MarkMonitor, an ICANN-accredited registrar since 1999, serves the domain management needs of approximately 2,000 clients globally, with a focus on Fortune 500 companies and other large corporate clients. This will make MarkMonitor a natural extension of Newfold’s portfolio of web technology brands, which includes Network Solutions, the world’s first registrar, Web.com, Bluehost, Register.com and Domain.com.

The MarkMonitor team, led by Head of Domain Management Stu Homan, will join Newfold.

MarkMonitor is currently expected to generate approximately $80 million of revenue and $35 million of EBITDA for the full year 2022.

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