Deluxe (NYSE:DLX), a Trusted Payments and Business Technology company, has agreed to sell its Australia web hosting business to Newfold Digital, an online and commerce technology firm funded by Clearlake Capital Group, L.P. and Siris Capital Group, LLC (Hostopia Australia). The deal is scheduled to conclude in the second quarter of 2022, subject to normal closing conditions being met.
Deluxe Australia web hosting is a trusted hosting company for over 50,000 small business clients and hosts over 250,000 websites. Newfold Digital’s footprint in the Australian market will be expanded as a result of the purchase, and the acquired clients would be able to benefit from Newfold Digital’s brands, products, and customer service. Financial terms of the acquisition were not disclosed.
“Newfold Digital’s mission is centered on helping businesses of all sizes build and grow an online presence, so we are confident our Australia web hosting customers will be in good hands,” said Garry Capers, President of Cloud Solutions for Deluxe. “Throughout our ongoing transformation, Deluxe has concentrated our efforts on cross selling our many platforms, solutions and services to our four million small business customers and more than 4,000 enterprise and financial customers. To better manage our portfolio of businesses, and to emphasize our cross-sell abilities, it makes sense at this time to sell our Australia hosting operations to further refine our offerings in the North American market.”
Newfold Digital is a global online and commerce technologies provider with approximately 7 million clients. Their portfolio of brands includes Bluehost, CrazyDomains, HostGator, Network Solutions, Register.com, Online.com, and many others.
Newfold Digital was founded in 2021 as a result of the merger of prominent web services companies Endurance Web Presence and Web.com Group.
“As a global company, we are always looking to grow our footprint and bring our industry-leading brands and customer support to small businesses around the world,” said Ed Jay, President of Newfold Digital. “A trusted web hosting service provider is essential for today’s online businesses, and Deluxe’s Australia web hosting business is an established platform. We are excited to welcome their customers and employees as we build upon our previous acquisitions of CrazyDomains and FreeParking to further enhance our position in the region.”