M&A Deal Summary

Tinder Acquires Wheel

On February 16, 2017, Tinder acquired internet software and services company Wheel

Acquisition Highlights
  • This is Tinder’s 3rd transaction in the Internet Software and Services sector.
  • This is Tinder’s 3rd transaction in the United States.
  • This is Tinder’s 1st transaction in Louisiana.

M&A Deal Summary

Date 2017-02-16
Target Wheel
Sector Internet Software and Services
Buyer(s) Tinder
Deal Type Add-on Acquisition

Target

Wheel

Louisiana, United States
Wheel is an app lets users share collaborative, video-based “stories.”

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Buyer(S) 1

Buyer

Tinder

Dallas, Texas, United States

Category Company
Founded 2012
Sector Internet Software and Services
DESCRIPTION

Tinder, Inc. is the world's major social app for meeting new people. With its global reach, people in all 196 countries around the world are swiping right to connect with others, making it a top 10 lifestyle app in more than 110 countries. In 2015, the company introduced Tinder Plus, giving users access to premium features, Rewind and Passport. Each day, 26 million matches are made on Tinder with more than 10 billion matches made to date.


DEAL STATS #
Overall 3 of 3
Sector (Internet Software and Services) 3 of 3
Type (Add-on Acquisition) 3 of 3
State (Louisiana) 1 of 1
Country (United States) 3 of 3
Year (2017) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-03-29 Humin

San Francisco, California, United States

San Francisco based Humin's mission is to make technology feel more human. Designed to think about people the way you naturally do, Humin remembers and stores relationships by context--such as when, where or how you met someone--so users can search for them accordingly. Instead of storing contacts in an alphabetical list, Humin uses contextual clues like current location, time of day, and schedule to anticipate the relevant people within users' contacts at any given moment. Humin learns from you--so the more you use the app, the more intuitive it gets.

Buy -