Ancestry.com: Uncovering The Owners Behind The Genealogy Giant

Ancestry.com: Uncovering The Owners Behind The Genealogy Giant

Who owns Ancestry.com? Ancestry.com is owned by a private equity firm called Blackstone Group.

Ancestry.com is one of the world's largest genealogy websites. It allows users to create family trees, research their ancestry, and connect with other relatives.

The Blackstone Group is a global investment firm that manages more than $500 billion in assets. The firm has a long history of investing in technology and media companies, and it has been a major investor in Ancestry.com since 2012.

The Blackstone Group's ownership of Ancestry.com has been controversial. Some critics have argued that the firm is more interested in making a profit than in helping people research their ancestry. However, Ancestry.com has defended its relationship with Blackstone, arguing that the firm has provided the company with the resources it needs to grow and improve its services.

Who Owns Ancestry.com?

Ancestry.com is one of the world's largest genealogy websites. It allows users to create family trees, research their ancestry, and connect with other relatives. The company was founded in 1996 and is headquartered in Lehi, Utah.

Ancestry.com is owned by a private equity firm called Blackstone Group. Blackstone is a global investment firm that manages more than $500 billion in assets. The firm has a long history of investing in technology and media companies, and it has been a major investor in Ancestry.com since 2012.

  • Company: Ancestry.com
  • Industry: Genealogy
  • Founded: 1996
  • Headquarters: Lehi, Utah
  • Ownership: Blackstone Group
  • CEO: Howard Hochhauser
  • Number of employees: 3,000+

Blackstone's ownership of Ancestry.com has been controversial. Some critics have argued that the firm is more interested in making a profit than in helping people research their ancestry. However, Ancestry.com has defended its relationship with Blackstone, arguing that the firm has provided the company with the resources it needs to grow and improve its services.

Only time will tell how Blackstone's ownership of Ancestry.com will ultimately impact the company. However, it is clear that Blackstone is a major player in the private equity industry, and its investment in Ancestry.com is a sign of the growing importance of the genealogy market.

1. Company

Ancestry.com is one of the world's largest genealogy websites. It allows users to create family trees, research their ancestry, and connect with other relatives. The company was founded in 1996 and is headquartered in Lehi, Utah.

Ancestry.com is owned by a private equity firm called Blackstone Group. Blackstone is a global investment firm that manages more than $500 billion in assets. The firm has a long history of investing in technology and media companies, and it has been a major investor in Ancestry.com since 2012.

The connection between "Company: Ancestry.com" and "who owns ancestry com" is clear: Blackstone Group is the owner of Ancestry.com. This ownership gives Blackstone a significant amount of control over Ancestry.com's operations and decision-making.

Blackstone's ownership of Ancestry.com has been controversial. Some critics have argued that the firm is more interested in making a profit than in helping people research their ancestry. However, Ancestry.com has defended its relationship with Blackstone, arguing that the firm has provided the company with the resources it needs to grow and improve its services.

Only time will tell how Blackstone's ownership of Ancestry.com will ultimately impact the company. However, it is clear that Blackstone is a major player in the private equity industry, and its investment in Ancestry.com is a sign of the growing importance of the genealogy market.

2. Industry

The genealogy industry is a rapidly growing market. In 2021, the global genealogy market was valued at $2.2 billion, and it is projected to grow to $3.1 billion by 2026. This growth is being driven by a number of factors, including the increasing popularity of DNA testing, the growing number of people who are interested in learning about their family history, and the increasing availability of online genealogy resources.

Ancestry.com is one of the leading companies in the genealogy industry. The company was founded in 1996 and is headquartered in Lehi, Utah. Ancestry.com offers a variety of genealogy products and services, including DNA testing, family tree creation, and historical record searching. The company has a database of over 10 billion records, making it one of the largest genealogy databases in the world.

The connection between "Industry: Genealogy" and "who owns ancestry com" is clear: Ancestry.com is one of the leading companies in the genealogy industry. The company's success is due in part to the growing popularity of genealogy, as well as the company's strong product and service offerings.

The genealogy industry is expected to continue to grow in the coming years. This growth will be driven by a number of factors, including the increasing popularity of DNA testing, the growing number of people who are interested in learning about their family history, and the increasing availability of online genealogy resources. Ancestry.com is well-positioned to capitalize on this growth, and the company is expected to continue to be a leader in the genealogy industry for many years to come.

3. Founded

Ancestry.com was founded in 1996 by Paul Allen, the co-founder of Microsoft. The company was originally called Ancestry.com and was launched as a free website that allowed users to create family trees and share family history information. In 1999, the company was acquired by MyFamily.com, a publicly traded company. In 2003, MyFamily.com was acquired by The Generations Network, a private equity firm. In 2012, The Generations Network sold Ancestry.com to Blackstone Group, a private equity firm.

  • The founding of Ancestry.com in 1996 marked the beginning of the company's journey to becoming one of the leading genealogy websites in the world.
  • Ancestry.com's early success was due in part to its free website and its focus on user-generated content.
  • The company's acquisition by MyFamily.com in 1999 gave it access to a larger pool of resources and expertise.
  • The acquisition of MyFamily.com by The Generations Network in 2003 gave Ancestry.com the financial stability it needed to continue to grow and expand.
  • The sale of Ancestry.com to Blackstone Group in 2012 gave the company the resources it needed to make significant investments in its products and services.

The founding of Ancestry.com in 1996 was a significant event in the history of genealogy. The company's early success was due to its free website and its focus on user-generated content. The company's subsequent acquisitions by MyFamily.com, The Generations Network, and Blackstone Group have given it the resources it needs to continue to grow and expand.

4. Headquarters

Ancestry.com is headquartered in Lehi, Utah. This location is significant because it is home to a large number of technology companies, including Adobe, eBay, and Qualtrics. The presence of these companies has created a strong tech ecosystem in Lehi, which has attracted a talented workforce and made it a desirable location for businesses.

Ancestry.com's decision to locate its headquarters in Lehi gives it access to this talented workforce and allows it to be part of the tech ecosystem in the area. This has helped Ancestry.com to grow and expand its business.

The connection between "Headquarters: Lehi, Utah" and "who owns ancestry com" is clear: Ancestry.com's location in Lehi gives it access to a talented workforce and allows it to be part of the tech ecosystem in the area. This has helped Ancestry.com to grow and expand its business.

5. Ownership

The connection between "Ownership: Blackstone Group" and "who owns ancestry com" is straightforward: Blackstone Group is the owner of Ancestry.com. This ownership gives Blackstone a significant amount of control over Ancestry.com's operations and decision-making.

Blackstone is a global investment firm that manages more than $500 billion in assets. The firm has a long history of investing in technology and media companies, and it has been a major investor in Ancestry.com since 2012. Blackstone's investment in Ancestry.com has helped the company to grow and expand its business.

One of the most important aspects of Blackstone's ownership of Ancestry.com is that it gives the company access to Blackstone's financial resources. This has allowed Ancestry.com to make significant investments in its products and services, including the development of new DNA testing technologies and the acquisition of new historical records.

Another important aspect of Blackstone's ownership of Ancestry.com is that it gives the company access to Blackstone's expertise in the technology and media industries. This has helped Ancestry.com to stay ahead of the curve in terms of technological innovation and to develop new products and services that meet the needs of its customers.

Overall, Blackstone's ownership of Ancestry.com has been a positive development for the company. Blackstone has provided Ancestry.com with the financial resources and expertise it needs to grow and expand its business. As a result, Ancestry.com is now one of the leading genealogy websites in the world.

6. CEO

The connection between "CEO: Howard Hochhauser" and "who owns ancestry com" lies in the fact that Howard Hochhauser is the Chief Executive Officer (CEO) of Ancestry.com. As CEO, Hochhauser is responsible for the overall leadership and management of the company, including its strategic direction, financial performance, and day-to-day operations.

  • Leadership and Management

    As CEO, Hochhauser is responsible for providing leadership and direction to Ancestry.com's management team. He sets the company's strategic vision and ensures that it is implemented effectively. Hochhauser also oversees the company's financial performance and makes key decisions about resource allocation and investment.

  • Product Development

    Hochhauser plays a key role in Ancestry.com's product development process. He is responsible for ensuring that the company's products meet the needs of its customers and that they are developed in a timely and cost-effective manner. Hochhauser also oversees the company's marketing and sales efforts.

  • Customer Service

    Hochhauser is committed to providing excellent customer service. He believes that Ancestry.com's customers should have a positive experience with the company's products and services. Hochhauser oversees the company's customer service department and ensures that it is responsive and helpful.

  • Industry Expertise

    Hochhauser has a deep understanding of the genealogy industry. He has been involved in the industry for over 20 years and has held leadership positions at several genealogy companies. Hochhauser's industry expertise gives him a unique perspective on the challenges and opportunities facing Ancestry.com.

In conclusion, the connection between "CEO: Howard Hochhauser" and "who owns ancestry com" is significant. Hochhauser is the leader of Ancestry.com and is responsible for the company's overall performance and success. His experience and expertise in the genealogy industry make him a valuable asset to Ancestry.com and its customers.

7. Number of employees

The number of employees at Ancestry.com is a significant factor in understanding the company's operations and its position in the genealogy industry. With over 3,000 employees, Ancestry.com has a large and experienced workforce that is dedicated to providing its customers with a variety of genealogy products and services.

  • Research and development
    Ancestry.com employs a large team of researchers and developers who are responsible for developing new products and services, as well as improving existing ones. This team is essential to Ancestry.com's continued success in the genealogy industry.
  • Customer support
    Ancestry.com has a dedicated customer support team that is available to help customers with any questions or problems they may have. This team is essential to ensuring that customers have a positive experience with Ancestry.com's products and services.
  • Marketing and sales
    Ancestry.com's marketing and sales team is responsible for promoting the company's products and services to potential customers. This team is essential to generating leads and driving sales.
  • Operations
    Ancestry.com's operations team is responsible for the day-to-day operations of the company. This team is essential to ensuring that the company runs smoothly and efficiently.

The large number of employees at Ancestry.com is a testament to the company's commitment to providing its customers with the best possible genealogy experience. Ancestry.com's employees are passionate about genealogy and are dedicated to helping customers learn more about their family history.

FAQs about "who owns ancestry com"

This section provides answers to frequently asked questions about who owns Ancestry.com. These questions are designed to address common concerns and misconceptions, providing a comprehensive understanding of the company's ownership structure and its implications.

1. Question 1: Who currently owns Ancestry.com?

Answer: Ancestry.com is currently owned by Blackstone Group, a global investment firm that manages over $500 billion in assets.

Question 2: How did Blackstone Group acquire ownership of Ancestry.com?

Answer: Blackstone Group acquired Ancestry.com in 2012 from The Generations Network, a private equity firm that had owned the company since 2003.

Question 3: What are the implications of Blackstone Group's ownership of Ancestry.com?

Answer: Blackstone Group's ownership of Ancestry.com provides the company with access to significant financial resources and expertise in the technology and media industries. This has enabled Ancestry.com to invest in new product development, expand its operations, and enhance its customer service.

Question 4: Has Blackstone Group's ownership affected Ancestry.com's commitment to genealogy?

Answer: Blackstone Group has publicly stated its support for Ancestry.com's mission of helping people discover their family history. The company has provided Ancestry.com with the resources it needs to continue developing innovative products and services that meet the needs of its customers.

Question 5: What is the future of Ancestry.com under Blackstone Group's ownership?

Answer: Ancestry.com is well-positioned for continued growth and success under Blackstone Group's ownership. The company has a strong track record of innovation and customer satisfaction, and Blackstone Group is committed to supporting Ancestry.com's long-term goals.

Conclusion

Ancestry.com is owned by Blackstone Group, a global investment firm that manages over $500 billion in assets. Blackstone's ownership of Ancestry.com has provided the company with the resources it needs to grow and expand its business. Ancestry.com is now one of the leading genealogy websites in the world, with over 3,000 employees and a database of over 10 billion records.

Ancestry.com's mission is to help people discover their family history. The company's products and services make it easy for people to create family trees, research their ancestry, and connect with other relatives. Ancestry.com is committed to providing its customers with the best possible experience, and the company is constantly innovating and developing new products and services to meet the needs of its customers.

Ancestry.com is a valuable resource for anyone who is interested in learning more about their family history. The company's products and services can help people to connect with their past and to learn more about their ancestors. Ancestry.com is a trusted and reliable source of information, and the company is committed to helping people discover their family history.
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