Blackstone buys ancestry.com
WebAug 5, 2024 · Yesterday, private equity giant Blackstone agreed to buy a majority stake in consumer genealogy company Ancestry.com for $4.7 billion. Ancestry was last valued at about $3 billion in 2024. ... What’s in it for Blackstone: Ancestry has a plethora of data from its at-home DNA tests, which it hopes to use to create additional health products ... 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 US$4.7 billion, Blackstone said in a statement Wednesday. It’s the first acquisition by Blackstone’s largest ever private equity fund.
Blackstone buys ancestry.com
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WebOct 18, 2024 · The Blackstone Group is the majority owner of Ancestry. Blackstone purchased a majority stake for $4.7 billion in August 2024. Blackstone is an equity investment company founded in 1985 in New … WebMar 1, 2024 · Blackstone Group is betting on your family tree. The alternative asset manager is set to buy about 75% of Ancestry.com, the business known for family history research and DNA testing, in a deal valued at $4.7 billion including debt, according to people familiar with the transaction. Singaporean sovereign-wealth fund GIC, which took a stake …
WebThe church’s investment has helped Ancestry to grow into one of the most popular genealogy websites on the internet. Why 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 … WebDec 4, 2024 · Blackstone Completes Acquisition of Ancestry®, Leading Online Family History Business, for $4.7 Billion. 04 December 2024. New York, December 4, 2024 – …
WebAug 25, 2024 · Lawyer's warning over family tree DNA tests as Blackstone buys Ancestry for $4.7b 24 Aug, 2024 10:37 PM 5 minutes to read Home DNA tests have become a wildly popular way to help trace your family... WebApr 13, 2024 · Again, Blackstone says it aims to recoup that huge investment through Ancestry’s subscription fees, which run from $25 to $50 a month. But nearly every expert I spoke with cited the partnership...
WebAug 5, 2024 · The alternative asset manager Blackstone is set to buy about 75% of Ancestry.com, the business known for family history research and DNA testing, in a …
effectible meaningWebAug 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 … effect hurricaneWebAug 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 … effectiation businessWebAug 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... effectief skincare tegen rosacea rood huidWebAug 5, 2024 · Blackstone Group will become the latest private-equity firm to own Ancestry, a provider of digital family history services. Blackstone (ticker: BX) said Wednesday it was buying Ancestry in a deal ... effectief re-integratieWebAug 7, 2024 · The Blackstone Group is acquiring a 75% stake in Ancestry.com for $4.7B. It’s a major move at a tricky moment Two DNA-testing kingpins, Ancestry and 23andMe, … effectieness of wwhelmetsWebAug 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 … container afzetsysteem