![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEglkD9zPS2CMdo0-evV42pALEtDxK_wIxGI3liWuemFElHw-tKzaN8OOGUggHDr1JqCSnKz1H1iEUvJvAdyriux33HemoKv582dJ3oSgdhIJdIr5mLOedzzrEY9iJlVjdgtkuLZrfOH3Yh3/s1600/ancestry.jpg)
- Ancestry.com is close to hiring banks to lead an initial public offering of the company this year, Bloomberg reports.
- Company is said to work with Morgan Stanley, Goldman, JPMorgan
- Permira, Spectrum took genealogy company private in 2012 LBO
Ancestry.com already generates more than $1B in revenue and has a growth rate of about 25%. It’s grown rapidly through new ventures such as its DNA testing kits.
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