GIC/Silver Lake $2.6 acquisition of Ancestry.com

Overview:

• Singaporean sovereign wealth fund GIC and US private equity firm Silver Lake Partners have completed their $2.6 billion acquisition of genealogy website Ancestry.com.
• Private equity firm sellers Permira Funds and Spectrum Equity remain part owners.
• The deal was first announced in April, 2016.
• Dechert (Jonathan Kim, Mark Thierfelder) advised GIC.
• Simpson Thacher & Bartlett (Robert Langdon) advised Silver Lake.
• Fried Frank Harris Shriver & Jacobson (Robert Schwenkel, Brian Mangino, Randi Lally) represented Permira as sellers of Ancestry.com equity.

Kurt Stumpo - Journalist - North America and the Caribbean