A consortium led by the European private equity firm Permira has agreed to buy Ancestry.com for around $1.6 billion.
Under the terms of the deal, Permira and its partners will pay $32 a share for Ancestry.com, a genealogy Web site. The agreement represents a 40 percent premium to the company’s closing share price in June, when the potential acquisition was first reported.
Permira, which will retain majority control, is partnering with Spectrum Equity, a venture capital firm and an early backer of Ancestry.com, and several of the European private equity firm’s direct investors. The Web site’s management also will invest in the deal.