Pacific Avenue to Acquire Care.com from IAC in Strategic Deal [Los Angeles Times (CA)]
IAC Inc. (IAC)
Last iac inc. earnings: 2/5 04:10 pm
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iac.com/investor-relations/overview
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Source: Los Angeles Times
acquire Care.com , a digital marketplace for caregiving services, from IAC Inc. The transaction is expected to be completed in the first half of 2026. The investment will support the company's product development, partnerships and platform improvements, Pacific Avenue said in a statement. “Caregiving is foundational to how families live and how businesses operate,” said Brad Wilson , chief executive of Care.com, in a statement. “This partnership allows us to deepen our support for families and caregivers while expanding the ways we serve employers who recognize that caregiving is a workforce issue.” Care.com was founded in 2006 by entrepreneur Sheila Lirio Marcelo , motivated by personal challenges in finding care for her children and aging parents. It operates both as a scaled consumer marketplace and an enterprise benefits platform. In 2020, it was acquired by IAC for $500 million The platform enables access to child care, senior care, pet care and housekeeping. It also part
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IAC
Earnings
- 2/3/26 - Miss
IAC
Sec Filings
- 4/7/26 - Form 8-K
- 4/7/26 - Form 8-K
- 4/2/26 - Form 4
- IAC's page on the SEC website