Newfold Digital (Clearlake- and Siris-backed) Acquires YITH
March 17, 2022
Newfold Digital, backed by private equity firms Clearlake Capital and Siris Capital, has acquired YITH, a leading developer and seller of WooCommerce plugins and WordPress themes. The acquisition (terms not disclosed) expands Newfold's e-commerce capabilities by adding YITH's library of 100+ plugins and ~2.3 million active installs to its product portfolio.
- Buyers
- Newfold Digital, Clearlake Capital Group, L.P., Siris Capital Group, LLC
- Targets
- YITH
- Platforms
- Newfold Digital
- Industry
- E-Commerce
- Location
- Sicily, Italy
- Transaction Type
- Addon
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