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New Deal


Announced

Completed

Match Group completed the acquisition of Hyperconnect for $1.7bn.

Financials

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Transaction Value£1,251m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales8.6x
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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IT Services: Other

Private

Single Bidder

South Korea

Cross Border

Majority

Friendly

Acquisition

technology company

Completed

Synopsis

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Match Group, a provider of dating products available globally, completed the acquisition of Hyperconnect, a technology company that provides video and AI-powered social discovery products, for $1.7bn. "Hyperconnect's forward-looking technology has already forged new ways for the next generation to make friends and engage with new people, regardless of borders and language barriers. Our immediate goal is to accelerate Hyperconnect's growth, while deploying their technology across our portfolio, helping to ensure people around the world have access to the best products to meet new people, and create joyful connections," Shar Dubey, Match Group CEO.

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