trending Market Intelligence /marketintelligence/en/news-insights/trending/6VH4ennfuLcKfj0NgVV5Cw2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Ancestry.com completes Adpay purchase

TMT News & Research: 2020 Recap

Blog

Charter, DIRECTV and Comcast rank as the top 'RSN-friendly' MVPDs

Quibi's $2 billion bet on mobile video fizzles out

Cable nets struggle with cash flow declines due to cord cutting, pandemic


Ancestry.com completes Adpay purchase

Ancestry.com LLCcompleted its of Adpay Inc., acreator and operator of the Memoriams.com obituary input network.

Financial terms of the deal, which was completed during the secondquarter, were not disclosed. Memoriams.com submits obituaries to about3,000 newspapers in the U.S. from its network of funeral homes.

In May, Silver Lake Partners and GIC closed a dealwith Ancestry.com LLC to buy substantial equity stakes from existing equity holdersat a value of about $2.6 billion. As a result, Silver Lake and GIC each now holdequal minority ownership positions in Ancestry.com, while the Permira funds, SpectrumEquity and Ancestry management remain as meaningful equity investors.