Apr 06, 2012 -
Boston, MA and Evanston, IL – Legacy.com, the market leader in the online obituary space, announced today that
it has been acquired by Great Hill Partners, a Boston-based private equity firm with over $2.5 billion under management. The Company
hosts feature-rich obituary sites for partners that include more than 800 newspapers in the U.S., Canada, U.K., Australia, and New Zealand.
Legacy.com is among the 50 most trafficked U.S. Internet domains, with over 20 million monthly unique visitors globally.
"Our goal is to provide our affiliates with unparalleled products and services, by staying ahead of the curve in a constantly evolving online
media landscape." said Stopher Bartol, president and CEO of Legacy.com. "We believe that Great Hill Partners is the ideal partner to help us invest in our future."
Legacy.com's management team and business strategy will remain the same.
"Legacy.com is the unrivaled leader in its market, with strong relationships with newspapers and a continuing history of innovation," said Michael Kumin
of Great Hill Partners. "We are pleased to partner with Stopher and his team and look forward to supporting the Company in its next phase of growth."
ABOUT GREAT HILL PARTNERS
Great Hill Partners is a private equity firm that manages more than $2.5 billion in capital to finance the expansion, recapitalization or acquisition of growth companies in a wide range of
sectors within the business and consumer services, media, communications and software industries. Great Hill targets investments of $25 million to $150 million. For more information,
please visit www.greathillpartners.com.
Founded in 1998, Legacy.com operates the world's largest network of obituary websites, covering 75% of all deaths in the US through partnerships with 85%
of US newspapers, and the funeral homes they serve. Legacy.com is headquartered in Evanston, IL.