IAC completes sale of Care.com to Pacific Avenue Capital Partners

Reuters03-17 04:47

IAC completed the previously announced sale of its wholly owned subsidiary Care.com to Care Parent, an indirect wholly owned subsidiary of Pacific Avenue Capital Partners. The transaction closed on March 16, 2026 under a stock purchase agreement involving IAC, Care Parent and Care.com.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. IAC Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-028545), on March 16, 2026, and is solely responsible for the information contained therein.

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