Announced
Completed
Financials
Tags
Majority
Acquisition
Reverse Takeover
Private
Online and Social Platforms
gay dating
online dating platform
online dating
dating services
United States
Friendly
Single Bidder
Domestic
De-SPAC
Merger
Completed
Private Equity
Synopsis
Grindr, a social network for the LGBTQ+ community, went public via a SPAC merger with Tiga Acquisition, a blank cheque company, in a $2.1bn deal. “Today marks an important milestone not only for the team at Grindr, but for the LGBTQ community we serve. We enter the public markets with momentum, carried by our market leadership, strong financial performance and significant growth runway as we step up investment in our core product and services. I am thrilled to work with our team and investors as we continue expanding our platform and enhance the critical social infrastructure for a traditionally underserved community," George Arison, Grindr CEO.
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