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Synopsis
Clearlake Capital and Siris Capital-backed Newfold Digital, a web and commerce technology company, completed the acquisition of MarkMonitor, an enterprise-level provider of domain management solutions, from Clarivate, an information services and analytics company, for $302m. "As web presence needs continue to grow and evolve, domain management and protection is becoming more important. Companies need reliable partners and solutions that deliver results, and MarkMonitor is well-known for its expertise in serving the domain portfolio needs of some of the most sophisticated digital companies in the world, making it a natural fit for our family of web technology brands," Sharon Rowlands, Newfold Digital CEO.
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