Blackstone Acquires Ancestry for $4.7 Billion

Ancestry Acquires iMemories

July 30, 2025

Cloud & SaaS

Ancestry has acquired iMemories, a Scottsdale-based leader in analog media digitization and cloud-based preservation, from investors Landon Capital Partners and Greens Farms Capital. The deal brings iMemories' AI-enhanced scanning and subscription media services into Ancestry's family-history platform to let customers digitize and integrate photos, videos, slides and films into their family trees.

Blackstone Acquires International Data Group (IDG) for $1.3B

November 17, 2021

Data & Analytics

Blackstone’s private equity funds have completed the acquisition of International Data Group, Inc. (IDG) from Oriental Rainbow, LLC (a China Oceanwide subsidiary) for an enterprise value of $1.3 billion. IDG — which includes IDC and IDG Communications — provides market intelligence, data and technology-focused media; Blackstone said it will partner with IDG to expand product offerings and drive technology innovation.

Blackstone to Acquire Enverus from Hellman & Friedman and Genstar Capital

August 6, 2025

Cloud & SaaS

Blackstone announced it has entered into a definitive agreement for private equity funds affiliated with Blackstone to acquire Enverus, a data analytics energy intelligence and SaaS platform, from Hellman & Friedman and Genstar Capital. The transaction terms were not disclosed and is expected to close by the end of the year, subject to customary conditions.

Blackstone to Acquire Sphera From Genstar Capital for $1.4 Billion

July 6, 2021

Cloud & SaaS

Blackstone’s private equity funds entered into a definitive agreement to acquire Sphera, an ESG software, data, and consulting services provider, from Genstar Capital for approximately $1.4 billion. The deal is described as being made through Blackstone’s flagship private equity vehicle, with Sphera’s SaaS platform expanding ESG digital solutions, unique data sets, and consultative services.

Francisco Partners Acquires MyHeritage

February 25, 2021

Cloud & SaaS

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.

Blackstone Acquires Majority Stake in SPANX

October 20, 2021

Consumer Products

Blackstone (through its Blackstone Growth and Tactical Opportunities businesses) agreed to acquire a majority stake in SPANX, Inc. at a $1.2 billion valuation, with founder Sara Blakely retaining a significant equity stake and becoming Executive Chairwoman. The investment is intended to accelerate SPANX's digital transformation, expand its global footprint, and support product and category growth across e-commerce and retail channels.