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New Deal


Announced

Spark Networks acquired Zoosk for $255m.

Financials

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Transaction Value£193m
Consideration TypeCash, Ordinary Shares
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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online dating platform

Private

United States

Online and Social Platforms

Acquisition

Pending

Venture Capital

Private Equity

Synopsis

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Spark Networks, a leading global dating company, acquired Zoosk, an online dating service available in 25 languages and in more than 80 countries, for $255m. The combination will drive a meaningful increase in Spark's scale, with over one million monthly paying subscribers across the two platforms. Spark expects the transaction to drive meaningful margin expansion in 2020 and beyond.

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