MoFo is representing its long-standing public company client Spark Networks SE (NYSE: LOV) on its combined cash and stock acquisition of Zoosk, Inc., which will create the second largest dating company in North America. The parties entered into a merger agreement on March 21, 2019, and the transaction is expected to close in the third quarter of 2019.
Spark Networks is a leading global dating company with a portfolio of premium brands (including EliteSingles, SilverSingles, Christian Mingle, Jdate, eDarling, JSwipe, Attractive World, Adventist Singles and LDS Singles) and has a presence in 29 countries worldwide.
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.
The MoFo team was led by San Francisco corporate partners Murray Indick and Michael O’Bryan and Berlin managing partner Dirk Besse, and included San Francisco finance partner Dario Avram; tax of counsel Joy MacIntyre; executive compensation of counsel Ali Nardali; New York corporate associate Yohei Nakagawa; San Francisco corporate associates Blair Green, Anisah Giansiracusa, Julia Huang and Connor Acle; and finance associate Mustafa Rizvi.
Read the companies’ press release here.