Ancestry.com Inc. (ACOM) - NASDAQ
ACOM is defunct since December 27, 2012. Acquired by Permira
  • Oct. 22, 2012, 6:56 AM

    Ancestry.com (ACOM) confirms a report that it has agreed to be bought for $1.6B by a consortium led by European P-E firm Permira.

    | Oct. 22, 2012, 6:56 AM | 2 Comments
  • Oct. 22, 2012, 4:12 AM

    Ancestry.com (ACOM) has agreed to be bought for $1.6B by a consortium led by European P-E firm Permira, the WSJ reports. The group includes Spectrum Equity, which owns 30% of the company, and CEO Tim Sullivan and CFO Howard Hochhauser. The $32-a-share offer represents a 40% premium to Ancestry's share price in June, prior to reports that it was up for sale. On Friday, shares closed -1.7% at $29.18.

    | Oct. 22, 2012, 4:12 AM
  • Oct. 3, 2012, 2:00 PM

    Ancestry.com (ACOM +0.7%), still pitching itself to P-E firms, has bought 1000memories, a startup that helps consumers digitize and share their old photos, for an undisclosed sum. Ancestry promises to integrate 1000memories and its Shoebox photo-scanning app with its family genealogy services. The purchase follows Ancestry's April deal to acquire Archives.com. (PR)

    | Oct. 3, 2012, 2:00 PM | 1 Comment
  • Oct. 2, 2012, 1:49 PM

    Ancestry.com (ACOM -1.8%) temporarily spiked higher on a Bloomberg report claiming P-E firm Permira has resumed talks to buy the family history site for $32/share. Reuters reported 3 weeks ago P-E firms were balking at Ancestry's insistence on a $35/share ($1.5B) buyout price, and that the company would make a decision by September's end.

    | Oct. 2, 2012, 1:49 PM
  • Sep. 10, 2012, 5:44 PM

    Ancestry.com (ACOM) is still talking with three P-E firms about a buyout, Reuters reports, but bidders are still balking at its demand for an acquisition price above $35/share ($1.5B). One source claims Ancestry, which closed today at $30.98, is expected to make a decision by September's end. (previous)

    | Sep. 10, 2012, 5:44 PM | 2 Comments
  • Aug. 23, 2012, 5:27 AM

    Ancestry.com (ACOM) asks suitors, including P-E firms Permira and TPG, to increase their bids for the genealogy Web site, Bloomberg reports, with the firm already turning down a bid of $35 a share. KKR and Providence have shown interest but haven't yet made any offers as they think the price is too high. Ancestry.com closed yesterday at $30.24, giving it a market cap of $1.29B.

    | Aug. 23, 2012, 5:27 AM
  • Jun. 11, 2012, 5:47 PM

    Ancestry.com (ACOM) is talking with prospective buyers who have signed NDAs to take a look at the company's books, according to dealReporter. Ancestry soared last week after Bloomberg reported the company is exploring a sale.

    | Jun. 11, 2012, 5:47 PM
  • Jun. 6, 2012, 12:39 AM

    Ancestry.com (ACOM) +15.8% AH after Bloomberg reports the company is weighing a sale, and has enlisted the help of famous tech banker Frank Quattrone to find buyers. A source expresses confidence P-E firms will show interest in Ancestry, whose valuation has fallen to historically low levels on concerns about slowing subscriber growth, though analyst Susan Etlinger thinks Google or Facebook might also consider a bid.

    | Jun. 6, 2012, 12:39 AM | 4 Comments
  • Apr. 25, 2012, 4:37 PM

    Ancestry.com (ACOM +4.4%) +6.4% AH after reporting Q1 revenue of $108.5M (+19% Y/Y) and EPS of $0.30, beating consensus by $1.1M and $0.07, and announcing it's spending $100M in cash and assumed liabilities to acquire fellow family history site Archives.com. Archives.com has over 380K paid subs, and Ancestry claims the site's focus on historical records makes it complementary to its own offerings.

    | Apr. 25, 2012, 4:37 PM
Company Description
Ancestry.com’s mission is to help everyone discover, preserve and share their family history. Ancestry.com is the world’s largest online family history resource, with more than one million paying subscribers around the world as of December 31, 2009. We have been a leader in the family history... More
Sector: Technology
Industry: Internet Information Providers
Country: United States