Investments
Description:

Ancestry.com Inc. is the largest online provider of family history information and research tools. Subscriptions to the company's content are sold to consumers through a network of online properties, including Ancestry.com, Genealogy.com, MyFamily.com, Archives.com, Newspapers.com and RootsWeb.com. Proprietary bodies of content distributed by the company include the 1930 US Census, the Ellis Island immigration passenger list, and the British phone directory listings since 1880. The company's network of sites serves provides more than 12 billion searchable records to more than 2.7 million paying subscribers. Spectrum purchased a sizeable minority stake from founders and multiple shareholders in a series of secondary share purchase, and later partnered with management to acquire a majority controlling stake in the company. Ancestry (NASDAQ: ACOM) completed its IPO in November 2009. In December 2012, The company was purchased and taken private by an investor group led by European private equity firm Permira. Spectrum remains a minority shareholder and holds a seat on the Board.

 

CEO Biography:

 

Tim Sullivan has been President and Chief Executive Officer of Ancestry.com Inc. since September 2005. Mr. Sullivan most recently served as Chief Executive Officer for Match.com, the global leader in online dating and an operating business of IAC/InterActiveCorp., from 2001 until September 2004. Under his leadership, Match.com achieved recognition as the clear leader in the U.S. online dating market, while expanding globally into 29 local language dating markets. Prior to joining Match.com, Mr. Sullivan served as vice president of e-commerce for Ticketmaster's predecessor, Ticketmaster Online-Citysearch, Inc. Before joining Ticketmaster, Mr. Sullivan spent seven years at The Walt Disney Company, where as vice president and managing director for Buena Vista Home Entertainment Asia Pacific, he was responsible for all Home Video distribution of Walt Disney company products in the Asia Pacific Region. Mr. Sullivan is a graduate of Harvard Business School and the University of North Carolina at Chapel Hill.

Headquarters: Provo, UT USA
Web Site: www.ancestry.com