New York: Private equity powerhouse Blackstone is reportedly weighing several strategic options for Ancestry.com, the leading genealogy and DNA testing company it acquired in 2020 for $4.7 billion. Sources familiar with the matter indicate that the firm is considering both a possible sale and an initial public offering (IPO) as avenues to unlock value from the Utah-based company. At this stage, discussions are preliminary, and no final decisions have been made.
Industry insiders reveal that Blackstone has invited banks to submit proposals earlier this week, signaling serious consideration of a public listing. An IPO could potentially value Ancestry.com at around $10 billion, reflecting strong investor interest in consumer genetics and genealogy services. However, these figures remain sp