BUSINESSWIRE – Apr 4 – MeetMe has completed its acquisition of if(we), a social and mobile technology company, and changed its name to The Meet Group. The if(we) acquisition is expected to contribute $9M of adjusted EBITDA in the first 12 months post-close and to provide the combined company with a path forward for generating $150M in annualized revenue and $50M of adjusted EBITDA. Moving forward, The Meet Group will be the parent company of the MeetMe, Skout, Tagged, and Hi5 brands.
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Summarized by the Courtland Brooks team
