M&A Deal Summary

MyHeritage Acquires River Road Bio

On September 7, 2019, MyHeritage acquired software company River Road Bio

Acquisition Highlights
  • This is MyHeritage’s 2nd transaction in the Software sector.
  • This is MyHeritage’s 4th transaction in the United States.
  • This is MyHeritage’s 1st transaction in District of Columbia.

M&A Deal Summary

Date 2019-09-07
Target River Road Bio
Sector Software
Buyer(s) MyHeritage
Deal Type Add-on Acquisition

Target

River Road Bio

Washington, District of Columbia, United States
River Road Bio (SNPedia & Promethease) comprises SNPedia and Prometheas. SNPedia.com was launched in 2006 and is a wiki that contains a broad, community-curated knowledge base linking between genetic variants and medical conditions, as well as traits, citing over 30,000 peer-reviewed scientific publications. Promethease.com is a literature retrieval service. It allows consumers to upload their raw DNA data (from services such as Ancestry.com, 23andMe, and others) and automatically compare it to SNPedia to see relevant scientific findings regarding their genome.

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Buyer(S) 1

Buyer

MyHeritage

Yehuda, Israel

Category Company
Founded 2003
Sector Internet Software and Services
DESCRIPTION

MyHeritage is a global discovery platform for exploring family history. With billions of historical records and family tree profiles, and with sophisticated matching technologies that work across all its assets, MyHeritage allows users to discover their past and empower their future. MyHeritage was founded in 2003 and is based in Yehuda, Israel.


DEAL STATS #
Overall 4 of 6
Sector (Software) 2 of 2
Type (Add-on Acquisition) 4 of 6
State (District of Columbia) 1 of 1
Country (United States) 4 of 4
Year (2019) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-08-03 Millennia

Surprise, Arizona, United States

Millennia Corp. (Legacy Family Tree) is a developer of genealogy desktop software Legacy Family Tree and genealogy webinar platform, Legacy Family Tree Webinars. Millennia is based in Surprise, Arizona.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-02 Filae

Paris, France

Filae is dedicated to making genealogical research easier and more accessible through innovative technologies and exclusive collections of digitized and transcribed historical records from France. Filae was formed in 1994 and is based in Paris.

Buy -