Announced
Completed
Financials
Tags
Spain
e-commerce
E-commerce
Completed
Majority
Friendly
Private Equity
Private
Acquisition
Cross Border
Synopsis
Clearlake and Siris-backed Newfold Digital, a web and commerce technology company, completed the acquisition of YITH, an independent marketplace for WooCommerce plugins. Financial terms were not disclosed. "For businesses everywhere, e-commerce has become a necessity to compete in today's marketplace. Our nearly 7m customers not only need online storefronts, but advanced features to support their specific niches, from advanced product catalog functionality to gift card solutions. YITH's impressive library of reliable WooCommerce plugins will help support our customers with their 2022 e-commerce resolutions," Sharon Rowlands, Newfold Digital CEO.
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