Announced
Financials
Tags
Majority
Private
Single Bidder
Acquisition
Online and Social Platforms
Private Equity
Pending
Friendly
Israel
genealogy platform
Cross Border
Synopsis
Francisco Partners agreed to acquire MyHeritage, an online genealogy platform, for $600m. “By leveraging our operational expertise, market resources and strong industry networks, we believe Francisco Partners is uniquely positioned to help MyHeritage accelerate its vision for growth. We are deeply impressed by the incredible achievements and relentless determination of Gilad, a visionary leader in genealogy who has grown the company from a start-up to a profitable global market leader,” Eran Gorev, Francisco Partners‘ President of Israel & Senior Operating Partner.
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