MergerLinks Header Logo

Announced

General Atlantic-backed ProSieben acquired eHarmony

Synopsis

General Atlantic-backed ProSieben, a European mass media company, based in Germany, acquired eHarmony, a US online dating site. Terms were not disclosed. The transaction follows through on ProSieben’s push to diversify away from its core commercial TV franchise, where ad revenues are flat and the sector is being disrupted by streaming platforms like Netflix. The Munich-based broadcaster bought eharmony via its newly created Nucom division, in which investor General Atlantic took a 24.9 percent stake in February of 2018.

Show Details & Financials

Did you work on this deal?

Showcase your expertise to over 3 million dealmakers and industry leaders on Datasite.

Market Context

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

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

CONTACT US