Newfold Digital Completes Sale of Markmonitor, Strengthening Focus on Core Brands

Newfold Digital, a prominent web and commerce technology company with almost 7 million global customers, has finalized the sale of Markmonitor to Com Laude, a global corporate registrar owned by PX3 Partners.

This move is set to streamline Newfold Digital's portfolio and enhance its concentration on core brands, including Bluehost and Network Solutions. According to Sharon Rowlands, the CEO of Newfold Digital, this divestiture will enable the company to expedite its growth and provide enhanced value to customers through its primary brands.

The transaction was advised by RBC Capital Markets, KPMG, and Sidley Austin. Newfold Digital is recognized for its extensive product offerings and personalized support, catering to customers of all sizes to establish a robust digital presence. For more information about Newfold Digital, visit Newfold.com.