Blackstone Acquires Ancestry for $4.7 billion from Singapore’s sovereign wealth fund GIC, Permira, Silver Lake, Spectrum Equity
Blackstone has acquired Ancestry for $4.7 billion from a group of private equity investors (Singapore’s sovereign wealth fund GIC, Permira, Silver Lake, Spectrum Equity) Within eight years those private equity investors purchased Ancestry for $1.3 billion and have now sold for $4.7 billion. Not…