Blackstone ancestry purchase
WebAug 6, 2024 · A deal involving one of the largest direct-to-consumer genetic testing companies has raised questions about what it will mean for users’ data. Private equity firm Blackstone will acquire... 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 …
Blackstone ancestry purchase
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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 – Blackstone (NYSE:BX) today announced that private equity funds managed by … WebAug 6, 2024 · Ancestry was founded in 1983 as a publisher of genealogy reference books. Since then, it’s adapted to the changing technological landscape by switching from binders-and-file-cabinets system to a digital interface. Today, it is the global leader in the digital family history services space, with over 3.6 million subscribers across 30 countries.
WebThe Blackstone family name was found in the USA, the UK, Canada, and Scotland between 1840 and 1920. The most Blackstone families were found in USA in 1880. In 1840 there were 18 Blackstone families living in Maine. This was about 27% of all the recorded Blackstone's in USA. Maine had the highest population of Blackstone families in 1840. WebDec 4, 2024 · Blackstone today announced that private equity funds managed by Blackstone have completed their previously announced acquisition of Ancestry ® from Silver Lake, GIC, Spectrum Equity, Permira, and ...
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. Web704 William W. Herndon—3 December 1823, was a resident of Alabama and was never heard from by any of the family following Civil War. 705 Henry W. Herndon—21 June …
WebAug 5, 2024 · Ancestry.com announced Wednesday it is selling 75 percent of the company to asset manager Blackstone Group Inc The deal is valued at $4.7 billion, including debt The investment firm will now...
WebJul 26, 2024 · Blackstone's deal with Ancestry is worth $4.7 billion In 2024, Blackstone announced it was going to acquire Ancestry for a hefty $4.7 billion. Blackstone's former … chelsea\u0027s legacy poodlesWebMar 6, 2024 · This suggests that Blackstone is aiming for a venture into the customized medicine industry. “You don’t spend $4.7 billion unless you have a plan to make it back, and more,” said longtime Ancestry.com user Shirley Ruge, adding that she doesn’t “believe for a second that Blackstone bought Ancestry simply because they love people.” flex staff stevens point wiWebApr 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... chelsea\\u0027s lightWebMar 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.” flexstaff phone numberWebAug 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 deal valued at $4.7 billion including debt ... flexstaf it incWebAug 24, 2024 · Aug 5 (Reuters) - Blackstone Group Inc BX.N said on Wednesday it agreed to acquire genealogy provider Ancestry.com Inc from private equity rivals for $4.7 billion, including debt, placing a... flex staff professionalWebAug 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, … flex staff sheboygan