Spark Networks to Acquire Zoosk, for Approximately $255M

zooskSpark Networks SE (NYSE American: LOV), a global dating company, is to acquire Zoosk, Inc., a San Francisco-based dating company, for approximately $255m.

The combination will drive a meaningful increase in Spark’s scale, with over one million monthly paying subscribers across the two platforms.

Led by Jeronimo Folgueira, Chief Executive Officer, Spark Networks is a global dating company with a portfolio of premium brands designed for singles seeking serious long-term relationships. The company has a presence in 29 countries worldwide and is publicly listed on the NYSE American LLC exchange under the ticker symbol “LOV”.
Its portfolio of online dating brands includes EliteSingles, SilverSingles, Christian Mingle, Jdate, eDarling, JSwipe, Attractive World, Adventist Singles and LDS Singles, amongst others.
The company was formed in 2017 through the merger of Affinitas GmbH (founded 2008) and Spark Networks Inc. (founded 1997).

Led by CEO Steven McArthur, who will be joining the Board of Directors of Spark, Zoosk operates a global online dating platform, utilizing proprietary technology to connect millions of members located in countries around the world both online and via its mobile apps.



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