Ancestry.com - Ahnenforschungsplattform - 500 Beiträge pro Seite

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bisher erst 11% EK-Rendite, hohes KGV; watchlist

Potential für natürliches Monopol; unklar, wie groß der Markt ist

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Ancestry.com is the world's largest online resource for family history. We have helped pioneer the market for online family history research, taking a pursuit that was expensive and time-consuming and making it easy, affordable and accessible to anyone with an interest in their family history. The foundation of our service is an extensive collection of billions of historical records that we have digitized, indexed and put online over the past 15 years. These digital records and documents, combined with our proprietary online search technologies, tools and collaboration features, have enabled our more than 1.6 million subscribers to create over 24 million family trees, profile over 2.4 billion family members, and make meaningful discoveries about the lives of their ancestors.

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DAS ist allerdings 'ne komische Sache; habe sowas noch nie gesehen:

May 11, 2011
Ancestry.com Inc. Prices Secondary Offering at $42.00 Per Share
PROVO, Utah, May 11, 2011 (GLOBE NEWSWIRE) -- Ancestry.com Inc. today announced the pricing of its secondary offering by selling stockholders of 4,350,000 shares of common stock at a price of $42.00 per share. In addition, the selling stockholders have granted the underwriters a 30-day option to purchase up to an additional 652,500 shares of common stock to cover over-allotments.

In addition, Ancestry.com announced that it agreed to repurchase approximately $50 million[/b] worth of its common stock, under its previously announced $125 million stock repurchase program, directly from its chief executive officer[/b] and affiliates of Spectrum Equity Investors V, L.P., the selling stockholders in the offering. The stock repurchase will be effected in a private, non-underwritten transaction at a price per share equal to the net proceeds per share the selling stockholders receive in the offering. Ancestry.com expects to use cash on hand to fund the repurchase of such shares.

Morgan Stanley and BofA Merrill Lynch are acting as joint book-running managers and representatives of the underwriters for the offering. Citi is acting as passive book-runner and Allen & Company and Piper Jaffray are acting as co-managers.

Ancestry.com has filed a registration statement (including a prospectus and preliminary prospectus supplement), Registration No. 333-173953, with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the Company has filed with the SEC for more complete information about the Company and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, copies of the prospectus supplement and accompanying prospectus relating to the offering, when available, may be obtained from: Morgan Stanley & Co. Incorporated, Prospectus Department, at 180 Varick Street, 2nd Floor, New York, NY 10014, and by phone at [phone] or by emailing [e-mail]; or BofA Merrill Lynch, 4 World Financial Center, New York, NY 10080, Attention: Prospectus Department or by emailing [e-mail] and by phone at 866-500-5408.
About Ancestry.com
Ancestry.com Inc. (Nasdaq:ACOM) is the world's largest online family history resource, with over 1.6 million paying subscribers. More than 6 billion records have been added to the site in the past 14 years. Ancestry users have created more than 24 million family trees containing over 2.4 billion profiles. Ancestry.com Inc. has local Web sites directed at nine countries that help people discover, preserve and share their family history, including its flagship Web site at www.ancestry.com.

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Ancestry.com Delivers A Strong First Quarter Report, Up 10%+ In After-Hours Trading
April 26, 2012 | about: ACOM
Best idea Ancestry.com (ACOM) reported fantastic first-quarter results Wednesday, blowing by consensus estimates on both the top- and bottom-line. Adjusted EBITDA and subscriber growth numbers also came in better than expectations. We are reiterating our $41 per share fair value estimate on the company and expect the firm to catch a bid tomorrow on its better-than-expected outlook, recent roll-up of competitor Archives.com, commentary regarding the high probability of NBC extending its top-viewing TV show Who Do You Think You Are?, and excitement around the marketing initiatives for a searchable database of the US Federal 1940 Census, the biggest catalyst for genealogical research in the past decade.

The company's subscribers grew an impressive 16% during the period and 10% sequentially. Total revenue jumped 19%, with core Ancestry.com websites revenue increasing 22% (above the highest estimate the Street). We were quite pleased with the growth and believe the performance should help to mitigate concerns about the "genealogy category," in general, and future subscriber expansion at Ancestry.com, specifically. Ending subscribers for the first quarter totaled 1.87 million, and management expects this number to swell to as much as 1.98 million at the end of the second quarter, nearly 6% sequential growth!

We believe management is conservative in its subscriber guidance for the remainder of the year, as all commentary on the call spoke to continued subscriber outperformance, in our opinion. We'd look for ending subscribers to be well over 2 million by the end of the year (management is looking for 1.985 million), and we'd point to some of the unique marketing initiatives that management highlighted on the call (a state-by-state e-mail marketing program of the 1940 census) and the tremendous ongoing interest by new users looking to find relatives in the 1940 US Census. As it relates to other internals, gross subscriber additions were solid, monthly churn was held in check (3.6% versus 3.7% in the year-over-year period and 3.8% in the previous sequential quarter), and subscriber acquisition costs came in lower than management's expectations.

Looking forward, we think low-20% revenue expansion should be expected during 2012, and management's guidance for 17.6% top-line growth on the high end should be viewed as somewhat conservative (this quarterly beat highlights the team's conservatism). Not only did the firm post 19% growth in its first quarter, but the period excludes any positive impact from the release of the 1940 US Federal Census. As we look into 2013, Ancestry.com will have integrated its new purchase of Archives.com, and investors should look for total subscribers to surpass the mid-2 million mark (there are currently about 380,000 Archives.com subscribers that can be upsold). We're big fans of this positive cash-flow acquisition and think it further solidifies Ancestry.com's position in the domestic market, increasing not only the stickiness of existing subscribers but also bolstering the company's pricing power, which it has yet to really flex given the value of its searchable database. The integration of Archives.com will also have a significant and positive impact on Ancestry.com's long-term competitive position.

And finally, we're big fans of the company's newly-announced $100 million share buyback program, which will be value-creating on the basis of the relationship between our fair value and the company's current lower stock price - this buyback program represents 8.7% of current shares outstanding. Combined with more than 30% of the float short, there is some impressive buying power out there

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schade:

October 22, 2012
Ancestry.com to be Acquired by Permira Funds for $32.00 Per Share in Cash
Transaction Valued at $1.6 Billion;

Permira Funds Partners With Ancestry.com Management and Spectrum Equity to Acquire World's Leading Online Family History Resource

PROVO, Utah, Oct. 22, 2012 (GLOBE NEWSWIRE) -- Ancestry.com (Nasdaq:ACOM), the global leader in online family history, and Permira, the European private equity firm with global reach, today announced that a company owned by the Permira funds and co-investors has entered into a definitive merger agreement to acquire Ancestry.com for $32.00 per share in cash in a transaction valued at $1.6 billion. Tim Sullivan, Ancestry.com's President and Chief Executive Officer, and Howard Hochhauser, Ancestry.com's Chief Financial Officer and Chief Operating Officer, will maintain a majority of their equity stakes in the company as part of the transaction. Spectrum Equity will also remain an investor in the company.

The transaction represents a premium of 41% over Ancestry.com's closing stock price on June 5, 2012, the last trading day prior to press reports that Ancestry.com had retained a financial advisor in connection with a possible sale of the company. The disinterested members of Ancestry.com's Board of Directors have unanimously approved the transaction and recommend that Ancestry.com stockholders approve the merger. Affiliates of Spectrum Equity, which together own approximately 30% of the company's outstanding shares, have agreed to vote their shares in favor of the merger.

Ancestry.com is the world's largest online family history resource. Its global network of websites empowers users to make meaningful discoveries and share their family history. Over 15 years Ancestry.com has assembled an unrivaled worldwide collection of over 10 billion digitized, indexed records and built a feature-rich, engaging product experience for its 2 million-plus subscribers. The company's best-in-class technology ensures access everywhere via web, desktop and mobile.

"This is a successful outcome for our public stockholders, and a great day for Ancestry.com employees and subscribers around the world," said Tim Sullivan. "We're excited that Permira shares our commitment to keep investing in our technology and product experience to make family history easy and accessible for more and more families around the world. Their strong investment track record in the technology and Internet sectors makes them a terrific advisor and partner as we take the company forward."

Added Charles Boesenberg, Chairman of the Board of Ancestry.com, "Our board conducted a thorough sale process, and we are pleased to be able to offer our stockholders this premium transaction."

Brian Ruder, Partner and Head of Permira's Menlo Park office said: "With its pioneering technology and market leading position, Ancestry.com is an exciting investment opportunity for the Permira funds. We are thrilled to be able to back the company as it continues to develop new and innovative content, and expand in both its core markets and into new geographies. We look forward to bringing Permira's technology and media experience to bear in supporting Tim, Howard and the rest of the talented team at Ancestry.com and its mission of helping everyone discover, preserve and share their family history."

Ancestry.com and Permira indicated that the company will continue executing on its growth strategy and initiatives led by content acquisition and technology investment, with the support of the Permira funds and the investor group. There are no anticipated changes in Ancestry.com's operating structure. Ancestry.com's focus will continue to be on investing in content, technology and its user experience, expanding its product offerings in areas like DNA, and building the Ancestry.com brand and the family history category, all on a global basis. Ancestry.com will remain headquartered in Provo, Utah, with a continued large presence in San Francisco, Dublin, London and other international markets.

The transaction, which is subject to the approval of holders of a majority of the outstanding shares of Ancestry.com common stock and other customary closing conditions, is expected to close in early 2013. The company will file additional details regarding the transaction shortly with the Securities and Exchange Commission on a Form 8-K, and in proxy materials to be provided to the company's stockholders in connection with the special meeting to vote on the merger.

The Board of Directors of Ancestry.com received financial advice from Qatalyst Partners LP, who also provided a fairness opinion in connection with the transaction, and Wachtell, Lipton, Rosen & Katz served as the company's legal counsel. Morgan Stanley served as financial advisor to the Permira funds while Fried, Frank, Harris, Shriver & Jacobson LLP and Clifford Chance LLP served as legal advisors. The Permira funds were also advised by McKinsey & Company, Aon M&A Solutions, and PricewaterhouseCoopers LLP. Barclays, Credit Suisse Securities, Deutsche Bank, Morgan Stanley and RBC Capital Markets have agreed to provide financing to the acquiring company in connection with the merger.

Ancestry.com Third Quarter 2012 Financial Results
As previously announced, Ancestry.com will release financial results for its third quarter 2012 on Wednesday, October 24, 2012 at approximately 2:00 p.m. MT (4:00 p.m. ET). In light of today's announcement, the company will no longer be hosting a corresponding conference call with analysts and investors to discuss the financial results.

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Antwort auf Beitrag Nr.: 43.741.462 von R-BgO am 23.10.12 13:06:16

schmutzig...:
http://www.bloomberg.com/news//2012-10-26/ancestry-com-sued-…

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Antwort auf Beitrag Nr.: 43.939.209 von R-BgO am 18.12.12 12:51:57

...habe mich erstmal verabschiedet:


Ancestry.com Raises $300 Million of Bonds for Buyout by Permira
By Sarika Gangar - Dec 18, 2012 12:19 AM GMT+0100


Ancestry.com Inc. (ACOM), the family- history website being purchased by Permira Advisers LLP, issued $300 million of bonds to help fund the buyout even as a court ruled that officials can’t close the deal for now.
The company issued 11 percent, eight-year notes at par to yield 964 basis points more than similar-maturity Treasuries, according to data compiled by Bloomberg. Investors had been told last week the bonds may yield 10.5 to 10.75 percent, according to a person familiar with the transaction who asked not to be identified because the terms weren’t set.

Permira, a London-based private equity firm, agreed to buy Ancestry.com in a transaction valued at about $1.6 billion, according to an Oct. 22 statement. Ancestry.com, which said in a July statement that it passed the 2 million-user milestone, sought a deal amid concerns that the cancellation of a television show featuring its research, “Who Do You Think You Are?” would crimp subscriber growth.

Ancestry.com officials can’t proceed with the sale to Permira until it discloses more information about the deal before a Dec. 27 shareholder vote, Delaware Chancery Court Judge Leo Strine ruled today.

The bonds are graded CCC+ by Standard & Poor’s, the ratings company said in a Dec. 3 report.

The Provo, Utah-based company is also planning a new $720 million senior secured credit facility, according to the S&P report. The financing will include a $670 million, seven-year term loan B and a $50 million, five-year revolving line of credit.

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Übernahme ist durch, Erinnerungsstück wurde diese Woche ausgebucht;

over-and-out

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Sammelfriedhof3