Ancestry.com Acquired by Permira for $1.6B -- Eyes Further Expansion Into Western Europe

As has been broadly reported this morning, Utah-headquartered geneaology software firm Ancestry.com has entered an agreement to be acquired by an investment group lead by European private equity firm Permira for a reported $1.6B. According to the company’s 8-K filed Monday morning, Permira will acquire all outstanding shares of Ancestry.com [...]