Blackstone ancestry acquisition
WebAug 5, 2024 · Blackstone Group Inc. acquired a majority stake in Ancestry.com Inc., the business known for family history research and DNA testing. The deal is valued at $4.7 billion, Blackstone said in... WebAug 5, 2024 · Blackstone Group Inc said on Wednesday it agreed to acquire genealogy provider Ancestry.com Inc from private equity rivals for $4.7 billion, including debt, placing a big bet on family-tree ...
Blackstone ancestry acquisition
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WebAug 5, 2024 · This transaction represents the first control acquisition for Blackstone’s eighth vintage of its flagship private equity vehicle. Ancestry is the global leader in digital family history services ... WebBlackstone first announced its purchase of Ancestry in August 2024. A global leader in digital family history services, Ancestry was founded in 1983 as a publisher of more than 40 family...
WebAug 5, 2024 · (Reuters) - Blackstone Group Inc said on Wednesday it agreed to acquire genealogy provider Ancestry.com Inc from private equity rivals for $4.7 billion, including debt, placing a big...
WebMar 6, 2024 · The world’s largest provider of DNA services has been gobbled up by Wall Street investment giant Blackstone. For $4.7 billion, Blackstone purchased Ancestry.com from private equity rivals Silver Lake, Spectrum Equity, and Permira, placing a “big bet,” as Reuters describes it, “on family-tree chasing as well as personalized medicine.” WebAug 5, 2024 · Bloomberg.com reported yesterday that “Blackstone Group Inc. acquired a majority stake in Ancestry.com Inc., the business known for family history research and DNA testing. The deal is valued at $4.7 billion, Blackstone said in a statement Wednesday. It’s the first acquisition by Blackstone’s largest ever private equity fund.
WebAug 6, 2024 · The Blackstone Group will buy a majority stake in the genealogy website Ancestry.com in a deal worth $4.7 billion, according to a press release published Wednesday.
WebAug 5, 2024 · Blackstone Group Inc. acquired a majority stake in Ancestry.com Inc., the business known for family history research and DNA testing. The deal is valued at $4.7 … summer tablecloth fabric beachWebDec 4, 2024 · Blackstone Completes Acquisition of Ancestry®, Leading Online Family History Business, for $4.7 Billion. 04 December 2024. New York, December 4, 2024 – Blackstone (NYSE:BX) today announced that private equity funds managed by … summers youtubeWebAug 10, 2024 · Blackstone, one of the world’s leading investment firms, announced that it has 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. summers yourth programsWebNov 2, 2024 · Blackstone has denied that it bought Ancestry to acquire genetic data in the past. “We invested in Ancestry because it is a clear leader in its industry with a digital subscription business... summer symposium 2023WebMay 6, 2024 · Claims have surfaced online that the investment firm Blackstone now has access to the genetic information of Ancestry.com customers, after it purchased the … paleoanthropological meaningWebAug 5, 2024 · Blackstone today announced that the private equity fund it manages has reached a definitive agreement to acquire Ancestry®. Blackstone’s acquisition will … summersyss screen magniferWebAug 6, 2024 · Private equity firm Blackstone will acquire Ancestry.com for $4.7 billion. Blackstone will take a 75% stake in the company, with one of Ancestry’s previous … paleo and keto