MyHeritage to be Acquired by Leading Private Equity Firm Francisco Partners

The leading global service for discovering your past and empowering your future, announced today that Francisco Partners, a leading global investment firm that specializes in partnering with technology businesses, has signed a definitive agreement to acquire the company. The financial terms of the transaction were not disclosed.

“Francisco Partners shares MyHeritage’s vision for growth as well as its intense commitment to ensuring the privacy of its users. The users’ personal data is an extremely important priority and we will work together with MyHeritage to expand its already strong privacy framework going forward.

Since 2003, MyHeritage has pioneered a new approach to discovering family history, making it easier and more accessible to millions of people around the world. Founder-led and fueled by a deep-seated passion for genealogy and a commitment to innovation, MyHeritage has built a successful, subscription-based global enterprise. Powered by unique and proprietary technologies, the MyHeritage platform is currently used by 62 million users worldwide and is available in 42 languages, which is a testament to the company’s international reach and diverse user base. MyHeritage users have collectively created more than 58 million family trees.