Owners of genealogy website Ancestry.com weighing 2017 IPO: sources

New York

THE private equity owners of genealogy website Ancestry.com, which counts Singapore's sovereign wealth fund GIC among its shareholders, are weighing an initial public offering of the company this year, people with knowledge of the matter said.

Ancestry.com's owners, which include Permira and Silver Lake, have held talks with banks and are taking formal pitches from potential advisers who want to have a role in the offering, said the people, who asked not to be identified because the information is private.