Last mentioned: Mar 19, 2026
Deal Completion
The acquisition is finalized, and Care.com begins operating under Pacific Avenue's portfolio.
Acquisition Announcement
Pacific Avenue Capital Partners announces a definitive agreement to acquire Care.com.
Pacific Avenue Acquisition
Pacific Avenue Capital Partners completes the acquisition of Care.com from IAC.
IAC Acquisition
IAC completes the acquisition of Care.com for approximately $500 million.
Operational Scaling
Care.com expands enterprise offerings and modernizes its digital platform under IAC ownership.
IAC Acquisition
IAC takes Care.com private in a deal valued at roughly $500 million.
IPO
Care.com goes public on the New York Stock Exchange.
Founding
Care.com is founded by Sheila Lirio Marcelo to address the childcare search crisis.
Pacific Avenue Capital Partners has completed its acquisition of Care.com from IAC, marking a strategic exit for the holding company and a new chapter for the care marketplace. The deal transitions the world's largest platform for family care into private equity ownership focused on operational scaling.
Pacific Avenue Capital Partners has completed its acquisition of Care.com, the world’s largest online platform for family care, from IAC. This transition marks a strategic pivot for the caregiving giant as it moves from a diversified digital portfolio into a private equity-backed operational phase.