New Deal

Announced

7 Dec 2015

Completed

13 May 2016

Baihe.com completed the acquisition of Jiayuan.com for £159m.

Financials

Edit Data

Transaction Value£158m

Consideration TypeCash

Capital Owned-

Capital Bid For100%

EV/Sales-

EV/EBITDA-

Share Price Premium-

One Off Charge-

target

Jiayuan.com International Ltd.

bidder

Baihe Network Co. Ltd.

Sources

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Tags

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online dating platform

Online and Social Platforms

China

Public

Acquisition

Completed

Friendly

Single Bidder

Synopsis

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Baihe.com, a Chinese online dating service, completed the acquisition of Jiayuan.com, an internet dating website, for £159m.

Service Providers (7)

Dealmakers

financial advisors

Barclays

legal advisors

Zhong Lun Law Firm

legal advisors

Davis Polk & Wardwell

financial advisors

Haitong Securities

legal advisors

Skadden Arps Slate Meagher & Flom

legal advisors

Conyers Dill & Pearman

legal advisors

Deheng Law Offices

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.