The parent company for family history Web site Ancestry.com has been sold to a private equity firm.
Spectrum Equity Investors purchased a major interest in Generations Network Inc., which is Cartier Bags Replica based in Provo, for $300 million Tuesday. Spectrum has been a shareholder in the company for the past four years.
Montega Replica helen brett wholesale Cutting Bracelets show"The buyout came because we have amber Stone Pendants watched the company revolutionize the family history category by leveraging the power of the Internet to make it more accessible and easy for anyone," said Vic Parker, managing partner, Spectrum Equity Investors.
Corum Replica WatchesAncestry.com, Generations Network operates myfamily.com and publishes Family Tree Maker software and Ancestry Magazine. The company has 900,000 paying subscribers for its Web properties and receives 8.2 million unique visits per month, according to a news release.