WebMay 17, 2024 · The deal saw Blackstone acquire the family history website and DNA testing service for around $4.7 billion, representing around a 75% stake in the company, according to multiple reports at the time. Despite the similarity between their names, Blackstone and BlackRock are two separate asset management companies. WebAug 5, 2024 · Blackstone (ticker: BX) said Wednesday it was buying Ancestry in a deal valued at $4.7 billion. Blackstone will have roughly 75% of Ancestry, while GIC—the sovereign-wealth fund once known...
Blackstone reaches US$4.7B deal to buy Ancestry.com
WebDec 4, 2024 · NEW YORK-- ( BUSINESS WIRE )--Blackstone (NYSE:BX) today announced that private equity funds managed by Blackstone (“Blackstone”) have completed their previously announced acquisition of... WebMay 25, 2024 · 3 Ancestry.com is sold for $4.7 billion to The Blackstone Group Inc. Author: bizjournals.com. Published: 04/25/2024. Review: 4.55 (403 vote) Summary: · The Blackstone Group Inc. said it’s buying genealogical research firm Ancestry for $4.7 billion. The sellers include private equity fund. hornblower saga audiobook
If you used this ancestry site, remove your data now …
WebAug 5, 2024 · Blackstone’s reported purchase for just 75% of the company is almost three times the 2012 valuation for the entire company. Ancestry.com used to offer genealogy services based on data trails only. WebOct 9, 2024 · The Blackstone Group used to own part of Black Rock but sold it to PNC. Blackstone was set up as an M&A floor originally, don't know if they still have any stake in Blackrock. Edited October 4, 2024 by Reet Hard Quote Jack Members 1.2k Posted October 4, 2024 Blackstone own Cineworld and making all their staff redundant, Quote Reet … WebMar 14, 2024 · March 14, 2024. The current owner of Ancestry.com is the Blackstone Group. This company purchased a majority stake in Ancestry back in August of 2024 … hornblower san diego whale watch