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Events / Pacific Avenue Acquires Care.com from IAC
Business acquisition

Pacific Avenue Acquires Care.com from IAC

Analysis based on 7 articles · First reported Mar 03, 2026 · Last updated Mar 18, 2026

Sentiment
40
Attention
2
Articles
7
Market Impact
Direct
Live prominence charts, article sentiment distribution, and event development timeline available on the NewsDesk Dashboard
Market Impact

The acquisition of IAC===Care.com by Pacific Avenue Capital Partners is a positive development for the family care market, signaling potential for accelerated growth and innovation in the sector. For IAC, the divestiture allows for a more focused portfolio, while IAC===Care.com gains strategic investment for expansion.

Private Equity Online Services Human Resources
Event Summary

Pacific Avenue Capital Partners, a Los Angeles-headquartered private equity firm, announced the completion of its acquisition of IAC===Care.com from IAC. IAC===Care.com, a leading platform in the family care market, will now operate as a standalone company and is the first investment in Pacific Avenue Fund II. This transaction is expected to enable IAC===Care.com to accelerate its enterprise expansion, product innovation, and strengthen its consumer marketplace. Chris Sznewajs, Founder and Managing Partner of Pacific Avenue Capital Partners, and Brad Wilson, CEO of IAC===Care.com, both expressed optimism about the future growth and potential of IAC===Care.com under this new ownership.

Key Actions
100 Pacific Avenue Capital Partners completed acquisition IAC===Care.com
80 IAC divested subsidiary IAC===Care.com
Entities Involved
priv
Pacific Avenue Capital Partners
Pacific Avenue Capital Partners completed the acquisition of IAC===Care.com, marking its first investment in Pacific Avenue Fund II. This transaction aligns with their strategy of acquiring market-leading businesses through corporate carve-outs.
Importance 100 Sentiment 60
subs
IAC===Care.com
IAC===Care.com was acquired by Pacific Avenue Capital Partners, becoming a standalone company. This acquisition is expected to accelerate its enterprise expansion, product innovation, and employer partnerships.
Importance 100 Sentiment 50
stock
IAC
IAC divested IAC===Care.com, completing the corporate carve-out. This move allows IAC to streamline its portfolio.
Importance 80 Sentiment 30
per
Chris Sznewajs
Chris Sznewajs, Founder and Managing Partner of Pacific Avenue Capital Partners, expressed excitement about welcoming IAC===Care.com to their portfolio and working with its team to unlock full potential.
Importance 60 Sentiment 40
per
Brad Wilson
Brad Wilson, CEO of IAC===Care.com, stated that the acquisition marks an exciting new chapter for IAC===Care.com, focusing on accelerating support for families and caregivers.
Importance 60 Sentiment 40
stock
Moelis & Company
Moelis & Company served as the exclusive financial advisor to Pacific Avenue Capital Partners for the acquisition.
Importance 30 Sentiment 20
priv
Weil, Gotshal & Manges
Weil, Gotshal & Manges LLP served as legal advisor to Pacific Avenue Capital Partners.
Importance 30 Sentiment 20
+ 3 more entities View on Dashboard
Relationships
Pacific Avenue Capital Partners related ↔ IAC===Care.com
IAC related ↔ IAC===Care.com
Chris Sznewajs related ↔ Pacific Avenue Capital Partners
Brad Wilson related ↔ IAC===Care.com
Moelis & Company related ↔ Pacific Avenue Capital Partners
Weil, Gotshal & Manges related ↔ Pacific Avenue Capital Partners
KPMG related ↔ Pacific Avenue Capital Partners
JPMorgan Chase===J.P. Morgan & Co. related ↔ IAC
Latham & Watkins related ↔ IAC
Pacific Avenue Capital Partners related ↔ IAC
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