Reports: Stake Goes To Silver Lake, GIC In $2.6B Deal

Salt Lake City-based family history site is in a deal to sell a minority stake in the company to private equity investor Silver Lake and Singapore's sovereign wealth fund, GIC, in a deal that values the company at $2.6 billion, according to reports on Friday. The deal--which has yet to be confirmed by the company--would leave Permira and Spectrum Equity Investors as majority equity owners in, with Silver Lake and GIC both taking equal minority stakes in Ancestry.