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New Deal


Announced

Ancestry to acquire Geneanet.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

Pending

Friendly

France

Acquisition

Cross Border

Private

genealogy company

Online and Social Platforms

Single Bidder

Synopsis

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Ancestry, a family history firm, agreed to acquire Geneanet, a French genealogy company. Financial terms were not disclosed. "We are thrilled to welcome Geneanet to the Ancestry family and look forward to working together to grow our global community so that more people can easily discover, craft and connect around their family story. Ancestry is committed to continued investment in Geneanet’s free tree-building platform and the volunteer spirit of its community," Deb Liu, Ancestry President and CEO.

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