trending Market Intelligence /marketintelligence/en/news-insights/trending/W3DmZVuGLNLXmuc1FDmXJA2 content esgSubNav
In This List

IAC to acquire Care.com in all-cash transaction

Blog

LCD Monthly Newsletter: September 2021

Blog

Industries Most and Least Impacted by COVID-19: A Market-Implied Probability of Default Perspective

Blog

Top 100 Banks: Capital Ratios Show Resilience to the Pandemic

Blog

Insight Weekly: Labor market recovery hurdles; power market integration; nonbank M&A hunt


IAC to acquire Care.com in all-cash transaction

IAC/InterActiveCorp agreed to acquire Care.com Inc., an online platform for finding and managing family caretaker arrangements, for $15 per share in an all-cash transaction representing about $500 million of enterprise value.

The transaction is anticipated to close in the first quarter of 2020, following the successful completion of a stock tender offer by an IAC subsidiary to acquire Care.com's outstanding shares. IAC executive Tim Allen will become CEO of Care.com.