Francisco Partners Acquires MyHeritage
February 25, 2021
Francisco Partners has signed a definitive agreement to acquire MyHeritage, the Israel-headquartered subscription-based genealogy and consumer genomics platform. Several of MyHeritage's existing investors — including HP Beteiligungs GmbH, Yuval Rakavy, founder Gilad Japhet and investor Gigi Levy — will reinvest alongside Francisco Partners to support the company's next phase of growth.
- Buyers
- Francisco Partners, HP Beteiligungs GmbH, Yuval Rakavy, Gilad Japhet, Gigi Levy
- Targets
- MyHeritage
- Industry
- Cloud & SaaS
- Location
- Israel
- Transaction Type
- Buyout
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