Announced
Financials
Tags
online dating platform
Private
United States
Online and Social Platforms
Acquisition
Pending
Venture Capital
Private Equity
Synopsis
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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