eHarmony Acquired By German Broadcaster ProSiebenSat.1
- Monday, November 05 2018 @ 09:59 am
- Contributed by: ElyseRomano
- Views: 1,487

Love is in the air for ProSiebenSat.1 and eHarmony. The German broadcaster has purchased the LA-based dating service through its newly formed e-commerce division, NuCom Group. The company plans to merge eHarmony (along with Compatible Partners, an eHarmony owned same sex dating service) with its own online dating platform, Parship. The parties agreed not to disclose the details of the transaction.
“Creating growth and leveraging synergies are key elements of our strategy. This acquisition is an excellent fit. Bringing these two strong brands together will immediately create a world leading online matchmaking company,” ProSiebenSat.1 CEO Max Conze said in a statement.
Parship is one of the most popular dating platforms in the German-speaking and Benelux regions. NuCom Group has developed the company into one of the most successful properties in its portfolio since acquiring a majority stake for €100 million in 2016. Like eHarmony, Parship is focused on long-term relationships and uses a compatibility algorithm based on a comprehensive questionnaire to match users in its database. Parship and sister brand ElitePartner is expected to have 2 million new registrations this year while eHarmony expects 2.8 million.



