M&A Deal Summary

Great Hill Partners Acquires Spark Networks

On December 1, 2005, private equity firm Great Hill Partners acquired internet software and services company Spark Networks

Acquisition Highlights
  • This is Great Hill Partners’ 2nd transaction in the Internet Software and Services sector.
  • This is Great Hill Partners’ 1st transaction in Germany.
Investment Fate
  • Spark Networks went public in 2006.

M&A Deal Summary

Date 2005-12-01
Target Spark Networks
Sector Internet Software and Services
Buyer(s) Great Hill Partners
Deal Type Buyout (LBO, MBO, MBI)

Target

Spark Networks

Berlin, Germany
Spark Networks is a provider of community focused services, including online personals communities for single adults that offer safe, convenient places to meet and make special connections. Spark Networks is based in Berlin, Germany.

Search 214,877 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Great Hill Partners

Boston, Massachusetts, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1998
PE ASSETS 12.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Great Hill Partners is a private equity firm focused on growth equity and recapitalization investments in well established public and private companies valued put to $1 billion. Great Hill targets companies within consumer services, business services, financial technology, healthcare, internet, logistics, media, communications, technology services, software and transaction processing. The Firm invests in the range of $25 to $500 million per transaction. Great Hill prefers companies located in the US, but will also consider opportunities in Europe and Latin America. Great Hill Partners was formed in 1998 and is based in Boston, Massachusetts.


DEAL STATS #
Overall 17 of 98
Sector: Internet Software and Services M&A 2 of 32
Type: Buyout (LBO, MBO, MBI) M&A Deals 8 of 26
Country: Germany M&A 1 of 2
Year: 2005 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-10-21 Vigo Remittance

Sunrise, Florida, United States

Vigo Remittance Corp. ('Vigo'), a worldwide electronic funds transfer service firm.

Sell $364M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-02-03 Custom House Currency Exchange

Victoria, British Columbia, Canada

Custom House Currency Exchange Ltd. is a Provider of foreign exchange payment processing services to small-to-medium size enterprises, AP departments of large corporations and consumers.

Buy -