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Ancestry.com’s Parent Company Acquired

Posted by Ancestry.com on October 17, 2007 in Company News

The Generations Network, Inc., today announced that Spectrum Equity Investors will lead an investment of $300 million to purchase a majority interest in the company. Spectrum, a private equity firm based in Menlo Park and Boston, has been a shareholder in The Generations Network since 2003.

Read the full announcement here.

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