Hi Alan, thanks for this information.......and can you tell me who are the shareholders in Spectrum Equity ? cheers Jenny -----Original Message----- From: Alan Eade Sent: Thursday, August 09, 2012 10:32 PM To: aus-nsw-sydney@rootsweb.com Subject: Re: [ANS] Knocking Ancestry Hello Jenny The Mormons do not own ancestry, it is owned by a private equity company called Spectrum Equity. You may be thinking of familysearch.org which is owned by the Church of LDS. Regards Alan Please remember to snip most of the earlier message before you post any reply...... Thank you! ------------------------------- To unsubscribe from the list, please send an email to AUS-NSW-SYDNEY-request@rootsweb.com with the word 'unsubscribe' without the quotes in the subject and the body of the message

Alan, from what I am seeing on Spectrum's webpage, they are not the "owners" of Ancestry, but shareholders, according to their webpage. They provided initial finance in 2003, and then partnered with management to purchase a majority interest in 2007 with an 11 member syndicate deal. http://www.spectrumequity.com/investment-approach/case-studies/#AncestrycomInc Case Studies Ancestry.com, Inc. Ancestry is the leading provider of online family history information with more than 1.7 million paying subscribers and more than 7 billion searchable records and a public company (NASDAQ: ACOM). Spectrum made an initial minority investment in 2003 that provided liquidity to early shareholders, and then we partnered with management in 2007 to purchase a majority interest, assembling an 11 member lender syndicate to finance the majority deal. We have supported a number of operational improvements including refining pricing and packaging, enhancing the core product, and expanding customer acquisition channels. In addition, we have recruited a CEO, CFO, SVP Product, VP Corporate Development, and four outside board directors to the company and worked with management to complete three strategic acquisitions in 2010. Finally, we have been active partners in helping the company access the capital markets, assisting management through a $100 million IPO in November 2009, a $100 million secondary offering November 2010, and another $183 million secondary offering May 2011. www.ancestry.com -----Original Message----- From: J. Fawcett Sent: Friday, August 10, 2012 9:08 AM To: Alan Eade ; aus-nsw-sydney@rootsweb.com Subject: Re: [ANS] Knocking Ancestry Hi Alan, thanks for this information.......and can you tell me who are the shareholders in Spectrum Equity ? cheers Jenny -----Original Message----- From: Alan Eade Sent: Thursday, August 09, 2012 10:32 PM To: aus-nsw-sydney@rootsweb.com Subject: Re: [ANS] Knocking Ancestry Hello Jenny The Mormons do not own ancestry, it is owned by a private equity company called Spectrum Equity. You may be thinking of familysearch.org which is owned by the Church of LDS. Regards Alan Please remember to snip most of the earlier message before you post any reply...... Thank you! ------------------------------- To unsubscribe from the list, please send an email to AUS-NSW-SYDNEY-request@rootsweb.com with the word 'unsubscribe' without the quotes in the subject and the body of the message Please remember to snip most of the earlier message before you post any reply...... Thank you! ------------------------------- To unsubscribe from the list, please send an email to AUS-NSW-SYDNEY-request@rootsweb.com with the word 'unsubscribe' without the quotes in the subject and the body of the message

Hello Jenny With further information at hand, I have found that Spectrum Equity is the major shareholder in Ancestry.com, others being Sorenson Media, CMGI@Ventures and EsNet Group. I could not locate a list of the investors in Spectrum. Regards Alan http://en.wikipedia.org/wiki/Ancestry.com http://genealogysstar.blogspot.com.au/2010/05/who-owns-genealogy-companies.html

I think you will find that any large company involved in family history is owned by the mormons...we did searches about 8 years ago and was amazed and how many companies they were involved with. Kaye www.teapotgenealogy.com ----- Original Message ----- From: "J. Fawcett" <jfawcett@hotkey.net.au> To: <aus-nsw-sydney@rootsweb.com> Sent: Friday, August 10, 2012 9:14 AM Subject: Re: [ANS] Knocking Ancestry