Blackstone wraps up $4.7bn acquisition of US genealogy company Ancestry

Blackstone wraps up $4.7bn acquisition of US genealogy company Ancestry

Private equity funds managed by Blackstone have wrapped up their previously announced $4.7 billion acquisition of US genealogy company Ancestry. The online family history business has been acquired from Silver Lake, GIC, Permira, Spectrum Equity, and other equity holders. Singaporean sovereign wealth fund GIC will continue to keep a significant minority stake in the genealogy […]