SCOTLAND ON SUNDAY – Feb 14 – An online dating company is considering a flotation as it looks to raise £10M for acquisitions in Europe. EasyDate, chaired by technology entrepreneur Bill Dobbie, is operating in one of the fastest growing sectors of the economy. Dobbie and CEO Max Polyakov are talking to brokers and other advisers, including KPMG and McGrigors, in Scotland and London about raising finance by the early summer. Targets have been identified, mainly in France, but also in the US where the firm already has a 50:50 joint venture. EasyDate was launched in 2002 and last year entered the Deloitte Fast 50 with a five-year growth rate of 1,063% and average monthly revenue growth of 7% in 2009. FULL ARTICLE @ SCOTLAND ON SUNDAY
I would think that whether or not they get reasonable terms depends on what kind of sites they want to buy, i.e. adult or mainstream. There are several US investors I’ve talked to recently who wouldn’t mind looking at online dating M&A opportunities but the acquisitions have to make sense on a number of levels, the first often being no adult/pr0n.
I would think that whether or not they get reasonable terms depends on what kind of sites they want to buy, i.e. adult or mainstream. There are several US investors I’ve talked to recently who wouldn’t mind looking at online dating M&A opportunities but the acquisitions have to make sense on a number of levels, the first often being no adult/pr0n.