Charles Thayne Capital, a growth-oriented private investment firm focused on technology and based in Chicago, has acquired World Archives, the operator of NewspaperArchive.com, based in Provo. NewspaperArchive.com maintains a leading off-copyright database of digitized historical newspaper content.
Charles Thayne Capital has partnered with former Ancestry.com executives Kendall Hulet and Brandon Camp, who will serve as CEO and chief marketing officer, respectively, of World Archives.
“Kendall and Brandon bring decades of collective experience in the industry and are a logical strategic fit as we advance the company into its next phase of growth,” said Brian Gornick, a managing partner at Charles Thayne Capital.
“The unique and rich set of records and content collection that World Archives has built over decades provides the perfect springboard of discovery for everyone, from family history researchers to historical news enthusiasts,” added Hulet.
Matt Marsh, another managing partner at Charles Thayne Capital, said, “We have a profound passion for working with strong leaders and growth-stage companies who seek to evolve markets. World Archives and the team embody the essence of that vision.”
The 25-year-old World Archives has close to 300 million pages of content on its NewspaperArchive.com site. With over 15,000 newspaper titles from 47 countries, NewspaperArchive.com estimates its content to be 98 percent unique when compared to other archiving brands.