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Announced

Francisco Partners to acquire MyHeritage for $600m.

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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