Highlighted Transactions

Technology

 

Zoosk

Piper Sandler served as financial advisor to Zoosk on its acquisition by Spark Networks SE (“Spark Networks”, NYSE American: LOV). Under the terms of the agreement, Spark Networks will acquire 100% of Zoosk’s shares for a combination of cash and Spark Networks shares, valuing Zoosk at approximately $258 million based on the closing price of Spark Networks ADSs on June 28, 2019.

Client Description

Headquartered in San Francisco, CA, Zoosk operates a leading 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.

Counterparty Description

Spark Networks is a leading 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 exchange under the ticker symbol “LOV."


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