M&A Deal Summary |
|
|---|---|
| Date | 2017-09-20 |
| Target | LOVOO |
| Sector | Software |
| Buyer(s) | The Meet Group |
| Deal Type | Add-on Acquisition |
| Deal Value | 70M USD |
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| Category | Company |
|---|---|
| Founded | 1997 |
| Sector | Software |
| Employees | 296 |
| Revenue | 207M USD (2019) |
The Meet Group, Inc. is a developer of mobile apps designed to meet the universal need for human connection. Using innovative products and sophisticated data science, The Meet Group keeps its approximately 2.7 million mobile daily active users engaged and originates untold numbers of casual chats, friendships, dates, and marriages. The Meet Group offers advertisers the opportunity to reach customers on a global scale with hundreds of millions of daily mobile ad impressions. The Meet Group was founded in 1997 and is based in New Hope, Pennsylvania.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 3 |
| Sector (Software) | 1 of 1 |
| Type (Add-on Acquisition) | 3 of 3 |
| Country (Germany) | 1 of 1 |
| Year (2017) | 2 of 2 |
| Size (of disclosed) | 1 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-03-06 |
If
San Francisco, California, United States If(we), Inc. is a social and mobile technology company Tagged and hi5 with over five million total monthly active users worldwide. if(we) is continually developing new social applications to help realize its vision of enabling meaningful connections. |
Buy | $60M |
