A new family tree: MyHeritage acquired by Francisco Partners

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A new family tree: MyHeritage acquired by Francisco Partners
In a surprising deal, Francisco Partners acquires the genealogy veteran MyHeritage, which helps millions around the world discover their ancestry...
Yaneev Avital
/
25 Feb 2021
•
3 min read
MyHeritage, an Israeli startup that developed an online genealogy platform, is getting bought out by American private equity firm Francisco Partners. The companies have yet to report the sum of the acquisition, however, speculations put the deal in the half a billion neighborhood.
Over 58 million family trees
MyHeritage, which was founded in 2003, offers global users different options to discover and record family history. MyHeritage’s subscription based platform is currently available in 42 languages and helps support 62 million users worldwide, who have generated over 58 million ancestry trees. The company reports holding over 13 billion historical records, which also include unique collections from different countries around the globe. The platform also delivers AI-powered features to help color and improve old pictures.

Related Keywords

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