M&A Deal Summary

LiveOne Acquires SNAP Interactive

On September 11, 2017, LiveOne acquired internet software and services company SNAP Interactive for 34M USD

Acquisition Highlights
  • This is LiveOne’s 2nd transaction in the Internet Software and Services sector.
  • This is LiveOne’s largest (disclosed) transaction.
  • This is LiveOne’s 3rd transaction in the United States.
  • This is LiveOne’s 1st transaction in New York.

M&A Deal Summary
Date 2017-09-11
Target SNAP Interactive
Sector Internet Software and Services
Buyer(s) LiveOne
Deal Type Add-on Acquisition
Deal Value 34M USD

Target

SNAP Interactive

New York, New York, United States
SNAP Interactive, Inc. is a provider of live video social networking and interactive dating applications. SNAP has a diverse product portfolio consisting of nine products including Paltalk, and Camfrog, which together host one of the world’s largest collections of video-based communities, and FirstMet, a prominent interactive dating brand serving users 35 and older.

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Buyer(S) 1

Buyer

LiveOne

Beverly Hills, California, United States
Category Company
Founded 2009
Sector Digital Media
Employees140
Revenue 118M USD (2024)
DESCRIPTION

LiveOne is a global talent-first, interactive music, sports, and entertainment subscription platform delivering content and live streams from the world's top artists. LiveOne was formed in 2009 and is based in Beverly Hills, California.

DEAL STATS #
Overall 3 of 11
Sector (Internet Software and Services) 2 of 4
Type (Add-on Acquisition) 3 of 10
State (New York) 1 of 2
Country (United States) 3 of 11
Year (2017) 2 of 2
Size (of disclosed) 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-05-15 Wantickets RDM

Hollywood, California, United States

Wantickets RDM LLC is a branded major online nightlife, electronic dance music and event ticketing company with extensive marketing and branding capabilities. Its focus is to connect fans with the best tickets to events and venues across North America. Wantickets focuses on Nightlife destinations, sporting events and leading festivals that collectively reach more than 250 million consumers. Its leading customers include The Light Group, The Hakkasan Group, SBE Entertainment, Caesars Entertainment, and Hard Rock Hotel.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-05 Slacker Radio

San Diego, California, United States

Slacker, Inc. is a streaming music and personalized radio subscription service. Slacker Radio was founded in 2007 and is based in San Diego, California.

Buy -
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