05 04 2016

Silver Lake Partners and GIC acquire a minotry stake in Ancestry.com LLC.

Simpson Thacher is representing Silver Lake Partners and GIC, a current investor in Ancestry, in the acquisition of substantial equity stakes in Ancestry.com LLC from existing equity holders at an enterprise value of approximately $2.6 billion.


ollowing the transaction, Silver Lake and GIC will hold equal minority ownership positions in Ancestry.   Ancestry, a global leader in family history and consumer genomics, has more than 2.2 million paying subscribers across its core Ancestry internet properties. The company harnesses the information found in its 17 billion digitized historical records, subscribers’ 78 million family trees, and 1.5 million DNA samples to help people gain insight into their heritage. The Simpson Thacher team included Rich Capelouto (Picture), Robert Langdon, Simon Chiu, Fred de Albuquerque and Duncan Taylor (Corporate); Katharine Moir, Jason Vollbracht and Tanvi Mirani (Tax); Tristan Brown, Linda Barrett and Leah Segall (Executive Compensation and Employee Benefits); Jeff Ostrow, Michelle Morad and Linda Nyberg (Intellectual Property); Peter Thomas and Ellen Frye (Antitrust); Jonathan Karen and Townshine Wu (Funds); and Joyce Xu and Shimeng Cheng (Derivatives). Involved fees earner: Richard Capelouto - Simpson Thacher & Bartlett; Robert Langdon - Simpson Thacher & Bartlett; Simon Chiu - Simpson Thacher & Bartlett; Frederick De Albuquerque - Simpson Thacher & Bartlett; Duncan Taylor - Simpson Thacher & Bartlett; Katharine Moir - Simpson Thacher & Bartlett; Jason Vollbracht - Simpson Thacher & Bartlett; Tanvi Mirani - Simpson Thacher & Bartlett; Tristan Brown - Simpson Thacher & Bartlett; Linda Barrett - Simpson Thacher & Bartlett; Leah Segall - Simpson Thacher & Bartlett; Jeffrey Ostrow - Simpson Thacher & Bartlett; Michelle Morad - Simpson Thacher & Bartlett; Linda Nyberg - Simpson Thacher & Bartlett; Peter Thomas - Simpson Thacher & Bartlett; Ellen Frye - Simpson Thacher & Bartlett; Jonathan Karen - Simpson Thacher & Bartlett; Townshine Wu - Simpson Thacher & Bartlett; Joyce Xu - Simpson Thacher & Bartlett; Shimeng Cheng - Simpson Thacher & Bartlett;

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