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

IAC to acquire Care.com in all-cash transaction

Podcast

Street Talk | Episode 126: Hunting the bears, making the bull case for CRE

Blog

Investment Banking Essentials May 15

Video

Panel Discussion: Modernization Initiatives Advancing the U.S. Capital Market

Blog

Technology & Automation Insights: Elevating KYC and onboarding efficiency


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.