Spark Networks SE enters definitive agreement to acquire Zoosk, Inc., creating the second largest dating company in North America

BERLIN and SAN FRANCISCO, March 21, 2019 /PRNewswire/ — Spark Networks SE (NYSE American: LOV),a leading global dating company, today announced its entry into a definitive agreement to acquire Zoosk, Inc. The combination will drive a meaningful increase in Spark’s scale, with over one million monthly paying subscribers across the two platforms. Spark expects the transaction to drive meaningful margin expansion in 2020 and beyond.   “Zoosk is one of the strongest dating apps in the North American market, which comprises half of the $5 billion global online dating opportunity,” said Jeronimo Folgueira, Chief Executive Officer of Spark Networks SE. “Similarly, North ...

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