Wednesday, 24 February 2021

MyHeritage to be acquired by Francisco Partners

News broke today that MyHeritage is to be acquired by the private equity company Francisco Partners. This is likely to result in new investment in the company so that they can expand their market share. Hopefully genealogists will benefit from the investment and we will eventually see the introduction of lots of new features and products.

You can read more about the acquisition in this article from Business Wire.

There is additional information in this article from TechCrunch.

See also the official press release from MyHeritage.

I expect that we will learn more about the plans for MyHeritage at RootsTech Connect. MyHeritage have a number of talks planned for the show. You can find a full listing on the MyHeritage blog.

Update 13th April 2021
The acquisition was completed on 8th April 2021 following regulatory approval. For details see this blog post from MyHeritage.

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