Mobile App Click here to download our Mobile App for iOS or Android
Not a member? Sign up for free!

Blackstone To Acquire Ancestry, Leading Online Family History Business, For $4.7 Billion

News | October 5, 2020

Not a member? Sign up for free!

Join us as we continue our efforts towards improving the future of mental health care through information, discussion, and collaboration.
Sign up today for instant access to all PsychU offerings. Membership is free!

Join PsychU

Blackstone announced that private equity funds managed by Blackstone have reached a definitive agreement to acquire Ancestry from Silver Lake, GIC, Spectrum Equity, Permira, and other equity holders for a total enterprise value of $4.7 billion. Current Ancestry investor GIC will continue to retain a significant minority stake in the company. This transaction represents the…

You must be logged in to read the full article: Join PsychU or Log In