Blackstone buys ancestry
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 … WebAug 5, 2024 · New York, August 5, 2024 – Blackstone (NYSE:BX) today announced that private equity funds managed by Blackstone (“Blackstone”) have reached a definitive …
Blackstone buys ancestry
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WebAug 7, 2024 · Earlier this week, Blackstone announced it was paying $4.7 billion to acquire Ancestry.com, a pioneer in pop genetics that was launched in the 1990s to help people … WebAug 7, 2024 · The genealogy company Ancestry has been acquired by investment firm Blackstone for $4.7 billion, changing ownership of the company and its trove of user …
WebWhy did Blackstone buy Ancestry? Blackstone Group, a private equity firm, purchased Ancestry in 2024 for $12 billion. The firm plans to help the company grow by investing in new technology and expanding its international reach. Blackstone believes that Ancestry has great potential to become even more popular in the years to come. WebAug 7, 2024 · Ancestry took a US$1.9 million loss in 2012 when they were acquired by a group led by the European private equity firm Permira Advisers LLP and the company was taken private. That restructured ownership arrangement included Permira Advisers as major investors, existing Ancestry management, and Boston-based growth equity firm …
WebAug 6, 2024 · LEHI — A major investment firm has bought the Lehi-based family history services company Ancestry.com for $4.7 billion. Blackstone announced Wednesday that it reached an agreement to acquire Ancestry from Silver Lake Partners, GIC, Spectrum Equity, Permira and other equity holders. GIC will continue to retain a significant minority … 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 …
WebThe Blackstone' family name was found in the USA in 1880. In 1880 there was 1 Blackstone' family living in South Carolina. This was 100% of all the recorded …
WebAug 6, 2024 · The private equity firm Blackstone has purchased the DNA testing giant Ancestry.com for $4.7 billion. According to Reuters, Ancestry.com is the world’s largest provider of DNA testing, which includes finding family members as well as medical information. DNA testing companies have marketed mightily to adoptees, in the U.S. and … inflation rate announcementWebAug 10, 2024 · This $4.7 billion acquisition will result in Blackstone buying customers’ DNA data at $261 per person, said CBS News. This is expected to drive Ancestry.com’s valuation from $2.6 billion four years back when Silver … inflation rate and housing marketinflation rate and investmentWebDec 4, 2024 · New York, December 4, 2024 – Blackstone (NYSE:BX) today announced that private equity funds managed by Blackstone (“Blackstone”) have completed their previously announced acquisition of Ancestry® from Silver Lake, GIC, Spectrum Equity, Permira, … inflation rate and salary increase in indiaWebAug 6, 2024 · Blackstone has agreed to buy a majority stake in Ancestry.com, a website known for tracing family history, in a deal valued at $4.7bn (€3.9bn, 3.5£bn) including debt. The private equity group will … inflation rate argentina 2022WebAug 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 … inflation rate around the worldWebAug 16, 2024 · When a Blackstone-backed company in March sold $260 million in bonds under its Servpro Industries banner, a franchise specializing in fire- and water-damage cleanups, the financing went off... inflation rate around the world 2023