Lovoo acquired by The Meet Group

Internet & Digital Media, Tech Enabled Services

Lovoo acquired by The Meet Group

  • Client:

    FirstCapital’s partner ACXIT Capital Partners acted as the exclusive financial advisor to USA-based company The Meet Group (TMG) in their acquisition of Lovoo, a leading European dating app and the largest German speaking dating app by downloads.

  • Result:

    The acquisition of Loovoo is The Meet Group's third in 12 months, and will be their largest app in terms of standalone traffic. Loovoo will remain a standalone app after the acquisition. TMG are focused on accelerating growth across their stable of apps through innovating video capabilities and sharing best-practice in monetization and engagement.