Endurance International Group

Newfold Digital, Inc.
FormerlyBizLand (1997-2002)
Endurance International Group, Inc. (2002-2021)
TypePrivate
Nasdaq: EIGI (2013-2021)
IndustryInternet hosting services
PredecessorBizLand
Founded1997; 29 years ago (1997)
Founders
  • Hari Ravichandran
  • Ravi Agarwal
Headquarters,
US
Number of locations
Worldwide
Key people
  • Sharon Rowlands (CEO)
  • Christina Clohecy (CFO) and (COO)
ServicesWeb hosting, domain registration, SEO, email marketing
OwnerClearlake Capital
Siris Capital Group
Number of employees
Over 2,500 (2016)
DivisionsNetwork Solutions Group
Bluehost Group
Websitenewfold.com

Newfold Digital, Inc., previously named BizLand and Endurance International Group, Inc. (EIG), is an American information technology services company that provides web hosting. The company was founded in 1997 and is headquartered in Burlington, Massachusetts. It is one of the largest web hosting providers, with a global market share of 3.5 percent according to W3Techs. The company has grown its hosting and related business through numerous acquisitions. In 2021, Clearlake Capital acquired EIG and merged its web presence division with Web.com, which had been owned by Siris Capital Group since 2018. The combined company, Newfold Digital, is a joint venture between Clearlake and Siris.

History

Endurance International Group logo

The company was named BizLand until 2002.[citation needed]

In 2011, Warburg Pincus and Goldman Sachs Alternatives bought Endurance from Accel-KKR for about $975 million. In September 2013, the company announced plans to raise $400 million in an initial public offering (IPO) and to list on the Nasdaq under the ticker symbol EIGI. It went public in October 2013, selling shares at $12 each and raising $252 million, less than its $400 million target.

The company's growth was similar to that of the networking company Verio in the 1990s, which used free cash flow and access to capital markets to acquire other businesses. Its approach was to roll up small internet service providers (ISPs) into one large provider to achieve economies of scale. Endurance acquired these hosting companies both domestically and internationally.

In 2014, EIG bought four Directi-owned companies – BigRock, LogicBoxes, ResellerClub, and Webhosting.info – for $160 million.

In March 2015, the company acquired a 40 percent stake in AppMachine, a technology startup based in the Netherlands. In August 2015, EIG announced that it would acquire Site5 and Verio Web Hosting from NTT. The acquisitions were estimated to add more than 86,000 subscribers. In November 2015, the company acquired Constant Contact and, days later, laid off 15 percent of its workforce. That same month, EIG acquired the assets of Ecommerce, LLC for $28 million.

In June 2018, EIG agreed to pay an $8 million penalty to settle Securities and Exchange Commission (SEC) charges that it had overstated its subscriber numbers. In August 2018, former CEO Hari Ravichandran and former CFO Waruna Ellawala settled for related charges in the amounts of $1.38 million and $34,000, respectively.

Endurance acquired Ecomdash in October 2019 for $9.6 million in cash and placed it under the Constant Contact group.

In November 2020, Clearlake Capital Group announced that it would acquire EIG for about $3 billion. Clearlake spun off the EIG web presence division, which included Domain.com, Bluehost, and HostGator and merged it with Web.com in 2021 to form Newfold Digital. Clearlake also spun off EIG's Constant Contact division as a separate joint venture between Clearlake and Siris.

In November 2022, Newfold Digital agreed to purchase Markmonitor, a provider of domain management services, from Clarivate. Markmonitor provides brand protection, anti-piracy, and domain-name registration to technology companies and other businesses.

In June 2025, Newfold Digital merged the Web.com brand into Network Solutions, redirecting Web.com visitors to the Network Solutions login page. In a reorganization, the company split its operations into two divisions: the Network Solutions Group, led by Christina Clohecy, which included Network Solutions, Register.com, Domain.com, MarkMonitor, and Crazy Domains; and the Bluehost Group, led by Sachin Puri, which included the company's hosting brands.

Subsidiary brands

The company owns and operates numerous hosting businesses, with shared support information and support agents. Subsidiaries and brands include:

References

  1. ↑ "The Endurance International Group, Inc". Bloomberg Businessweek. Archived from the original on July 24, 2010. Retrieved April 12, 2011.
  2. ↑ "Usage statistics of Newfold Digital Group as web hosting provider". w3techs.com. Retrieved 2024-07-22.
  3. 1 2 "Endurance, GoDaddy, Wix, And Web.com: Choosing Growth Or Leverage". seekingalpha.com. 27 March 2015.
  4. ↑ "Endurance International Group (EIG) – The World's Largest Web Hosting Company You've Probably Never Heard Of". hostingkingdom.com. 24 November 2014.
  5. 1 2 Miller, Rich (May 9, 2007). "IPOWER, Endurance International Announce Merger". NetCraft.com.
  6. ↑ Demos, Telis (15 March 2013). "Web Hoster Endurance International Preps for IPO". Wall Street Journal. WSJ. Retrieved 17 April 2014.
  7. ↑ "Form S-1". www.sec.gov.
  8. ↑ "Endurance International Group Holdings, Inc. Common Stock (EIGI)". NASDAQ.com.
  9. ↑ "ENDURANCE INTERNATIONAL GROUP HOLDINGS, INC. (EIGI) IPO". NASDAQ.com.
  10. ↑ Bray, Hiawatha (October 26, 2013). "Endurance Web hoster Endurance raises $252 million in IPO". The Boston Globe. Retrieved February 9, 2023.
  11. ↑ "Verio Secures Funding for Acquisitions". internetnews.com.
  12. ↑ Arora, Varun (26 August 2016). "We will set up family office soon, says Bhavin Turakhia". VCCircle.
  13. ↑ Modgil, Shweta (10 January 2017). "It's Our Moral Obligation To Make An Impact Directly Proportional To Our Potential: Bhavin Turakhia, Co-Founder, Directi Group". Inc42.com. Retrieved 24 March 2017.
  14. ↑ "AppMachine Partners Up With Endurance International Group". AppMachine.com.
  15. ↑ "AppMachine raises $15.2 million, partners with Endurance International Group". StartupJuncture.
  16. ↑ "Endurance International Group Reports 2015 Second Quarter Results". marketwatch.com. Aug 4, 2015. Retrieved 2016-05-18.
  17. ↑ "EIG's Acquisition of Verio and Site5 Nets 86,000 New Subscribers". Web Host Industry Review. Retrieved 2016-03-29.
  18. ↑ "Email marketing giant Constant Contact acquired for $1 billion". VentureBeat. 2 November 2015. Retrieved 2015-11-02.
  19. ↑ "Constant Contact Cuts 15 Percent of Staff After Its Acquisition". Xconomy.com.
  20. ↑ "EIG Reports 2015 Fourth Quarter and Full Year Results" (Press release). Retrieved 2016-10-07.
  21. ↑ "Indian-origin executive settles charges with SEC, another charged for making false claims". The Times of India. 25 August 2018. Retrieved 2019-07-31.
  22. ↑ Batavia, Gaurav (September 10, 2019). "Endurance International to acquire Ecomdash for $9.6M". Seeking Alpha.
  23. ↑ "Endurance International Group Reports 2019 Fourth Quarter and Full Year Results". GlobeNewswire News Room (Press release). Endurance International Group Holdings. 2020-02-06. Retrieved 2020-04-15.
  24. ↑ "Endurance International Group Holdings Inc (EIGI) Q3 2019 Earnings Call Transcript". The Motley Fool. 2019-11-01. Retrieved 2020-04-15.
  25. ↑ "Endurance International Group Announces Agreement to be Acquired by Clearlake Capital Group L.P. for $9.50 per Share". Clearlake.com (Press release). Clearlake Capital. 2020-11-02. Retrieved 2020-11-02.
  26. ↑ "Web.com merges with competitor, becoming Newfold Digital". jaxdailyrecord.com; Jacksonville Daily Record. February 11, 2021.
  27. ↑ "Clearlake And Siris Affiliates Re-Establish Digital Marketing Industry Pioneer Constant Contact As Standalone Company" (Press release). Clearlake Capital Group; Siris Capital Group. PR Newswire. 2021-02-10. Retrieved 2021-05-23.
  28. ↑ Nicole, Cassis (November 1, 2022). "Newfold Digital Signs Agreement to Acquire MarkMonitor from Clarivate". Newfold Digital. Retrieved January 29, 2024.
  29. ↑ Wauters, Robin (July 26, 2012). "Thomson Reuters snaps up online brand protection giant MarkMonitor". The Next Web. Retrieved December 8, 2012.
  30. ↑ AlienVault, OTX (January 29, 2024). "Domain Names registered with abuse complaint email address "abusecomplaints@markmonitor.com"". OTX AlienVault. Retrieved January 29, 2024.
  31. ↑ Allenman, Andrew (24 June 2025). "Web.com is now officially part of Network Solutions, Newfold divides into two divisions". DomainNameWire. p. 1. Retrieved 24 June 2025.
  32. ↑ "Thoughts on Endurance International Group (EIG) Hosting". linux-depot.com. November 15, 2013.
  33. ↑ "Endurance International Group, Inc". Hosting-Reviews-Exposed.com. 6 September 2010.
  34. ↑ "EIG's Acquisition of Verio and Site5 Nets 86,000 New Subscribers". datacenterknowledge.com. August 11, 2015. Retrieved 2026-01-22.
  35. ↑ "Advised on NTT's disposal of Verio to Endurance International Group". armapartners.com. Retrieved 2026-01-22.