Clearlake Acquires Endurance and Makes Strategic Investment in Web.com to Form Newfold Digital

January 5, 2021

Clearlake Capital completed an all-cash acquisition of Endurance International Group and made a strategic investment in Web.com (with Siris remaining a significant equityholder), combining Endurance Web Presence and Web.com to form Newfold Digital. The combined business (Newfold Digital) will be a leading SMB-focused web presence platform serving roughly 6.7 million customers globally; financial terms for the Web.com investment were not disclosed and the Endurance transaction was valued at approximately $3.0 billion including debt.

Buyers
Clearlake Capital Group, L.P., Siris Capital Group, LLC
Targets
Endurance International Group Holdings, Inc., Web.com Group, Inc., Constant Contact
Sellers
Endurance International Group stockholders
Industry
Cloud & SaaS
Location
Florida, United States
Transaction Type
Buyout

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