digital newfolda technology company backed by Clearlake Capital Group and Siris Capital Groupentered into a definitive agreement with Luxurya trading and payments company, to acquire Deluxe’s web hosting business in Australia.
Deluxe is a trusted payment and commerce technology company that helps businesses pay and get paid, grow faster and run more efficiently. The company’s web hosting business serves more than 50,000 small business customers and hosts 250,000 websites.
Newfold Digital is a web technology and commerce company serving nearly 7 million customers worldwide. The acquisition expands Newfold Digital’s presence in the Australian market and will allow acquired customers to benefit from Newfold Digital’s industry-leading brands, products and customer support.
“Newfold Digital’s mission is centered on helping businesses of all sizes create and grow an online presence, so we’re confident that our Australian web hosting customers will be in safe hands,” said Garry Capers, president of Cloud Solutions for Deluxe. “To better manage our business portfolio and emphasize our cross-selling capabilities, it makes sense at this time to sell our accommodation operations in Australia to further refine our offerings in the North American market. “