Category: All Acquisitions

RSVP Strikes Deal With Oasis Active

Posted on March 25, 2014

Rsvp oasisactive logosTHE AUSTRALIAN – Mar 24 – Fairfax Media dating site RSVP has struck an alliance with the Ten Network-backed dating site Oasis Active. Fairfax will pay Ten $5M for 25% of the free-to-air broadcaster’s shareholding, which stands at 40%. The remainder is owned by private investors. The agreement values Oasis at ~$40m. The dating sites have come under pressure from a new wave of free mobile apps led by Tinder, which has already been adopted by 5% of the Australian population.

by Darren Davidson
See full article at The Australian

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402 Capital Acquires More Spark Networks’ Shares

Posted on March 21, 2014

Sparknetworks logo new Jan 13WKRB 13 – MAR 20 - Spark Networks major shareholder 402 Capital Llc acquired 112,561 shares. The shares were purchased at an average price of $4.95 per share, with a total value of ~$557K.

by Scott Davis
The full article was originally published at WKRB 13, but is no longer available.

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This post also appears on InternetDatingInvestments.

Former MeetMoi CEO Joins Snap Interactive As COO

Posted on March 6, 2014

Snap interactive alex harringtonPR NEWSWIRE – Mar 5 – Snap Interactive, a company behind social discovery platform AYI.com, appointed Alex Harrington as COO. Mr. Harrington previously served as CEO of MeetMoi, a social dating mobile platform, prior to the sale to Match.com. In addition, SNAP announced the resignation of Jon Pedersen as CFO.

See full article at PR Newswire

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Spark Networks Shareholder Acquires 73,588 Shares

Posted on February 16, 2014

Sparknetworks logo new Jan 13MIDEASTTIME – Feb 15 – 402 Capital Llc acquired 73,588 shares of Spark Networks stock. The shares were purchased at an average cost of $5.65 per share, for a total transaction of $416K.

by Pezhman Azimi
The full article was originally published at MidEastTime, but is no longer available.

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This post also appears on InternetDatingInvestments.

HowAboutWe Buys Nerve.com

Posted on January 29, 2014

Howaboutwe nerve screenshotsCNN MONEY – Jan 29 – HowAboutWe is launching an entire network of content sites based around dating and love. The network is called HowAboutWe Media and contains four sites that will be free and independent from the company's pay memberships: The Date Report, Swimmingly, Famously, and Nerve. Nerve.com was one of the first popular Web-only magazines, launched in 1997 as a somewhat edgy place for opinion, fiction and essays about sex. While Nerve is an acquisition, Swimmingly and Famously are brand-new sites; TheDateReport was an already extant site run by HAW that has been refreshed.

by Daniel Roberts
The full article was originally published at CNN Money, but is no longer available.

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This post also appears on InternetDatingInvestments.

TRUE.com Domain Sold For 350K

Posted on January 29, 2014

Truecom saleDOMAIN INVESTING – Jan 29 – The buyer and new registrant is TrueCar.com, a car pricing and comparison website. True.com was purchased for $350K in an all cash deal. Prior to the sale, True.com was used as a dating site.

by Elliot Silver
See full article at Domain Investing

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Osmium Partners Bought More Spark Networks Shares

Posted on January 16, 2014

Sparknetworks logo new Jan 13WKRB – Jan 16 - Spark Networks major shareholder Osmium Partners, bought 83,150 shares. The stock was purchased at an average price of $6.12 per share, with a total value of $509K.

by Zach Kirkland
The full article was originally published at WKRB, but is no longer available.

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This post also appears on InternetDatingInvestments.

LikeBright Acquires MatchMate

Posted on January 2, 2014

Likebright logo new Jan 13PR NEWSWIRE – Dec 31 – LikeBright, a dating platform that matches Facebook friends of friends, has acquired MatchMate, a matchmaking software company. MatchMate was founded in 2012 by several Utah entrepreneurs, including John Richards who also invests in LikeBright's current round and serves on its advisory board.

The full article was originally published at IT News Online, but is no longer available.

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This post also appears on InternetDatingInvestments.

Mektoube.fr: Best French Website Of 2013

Posted on December 6, 2013

Mektoube.fr logoPRESS RELEASE – Dec 5 – Mektoube.fr, a dating site dedicated to the Muslim and Maghreb community in France, won "Website of the Year 2013" and " Best Dating website of the year" in France. The Website of the Year award is France’s most important people’s choice award. The "Most Popular Dating Website" is Adopteunmec.com.

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mDating App Tingle.com Is For Sale

Posted on December 3, 2013

Tingle logoOPW – Dec 3 – Tingle comes with a great domain and a decent seed userbase.  Its a 'leading-edge mobile-only realtime dating app' featuring text/voice, per-message/per-call billing, prepaid credit-based business model. It was soft-launched Feb 2012 to North America and recently made available globally and serves 100K DAU.

UPDATE (Dec 16, 2014): Tingle is no longer for sale.

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