Sidley Austin is representing Newfold Digital, a Jacksonville, Florida-based website development company backed by Clearlake Capital Group and Siris Capital Group, on its agreement to buy MarkMonitor, a provider of brand protection internet domain registrant services.
Blank Rome is advising the London-based seller, analytical software company Clarivate Plc, which under the agreement is to receive around $302.5 million. The transaction is expected to close in late 2022, according to a statement.
The acquisition adds San Francisco-based MarkMonitor to Newfold’s portfolio of web technology brands including Network Solutions, Web.com, Bluehost, Register.com, and Domain.com, among others, the statement said.
Clarivate said the sale allows it to better focus on and invest in its core portfolio of intellectual property lifecycle management solutions.
Sidley said its deal team was led by M&A and private equity partners Mehdi Khodadad, Vijay Sekhon, and Matthew Stoker.
To contact the correspondent on this story: Rick Mitchell in Paris at rmitchell@correspondent.bloomberglaw.com
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