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Acquisition of Career Partner Group by Oakley Capital Investments Limited

Frankfurt, 20 December 2017. Oakley Capital Investments Limited with its Fund Oakley Capital Private Equity III („Fund III“) (together referred to “Oakley Capital”) has agreed to acquire Apollo Global Germany GmbH („Career Partner Group“), from its current shareholder Apollo Education Group Inc. Oakley Capital will be partnering with CEO Dr. Sven Schütt and his management team, who will be investing in the new structure.

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German dating app LOVOO is acquired for USD 70 million by The Meet Group

Frankfurt, 21 September 2017. The Meet Group (NASDAQ: MEET, hereinafter referred to as “TMG”), based in New Hope, Pennsylvania, USA, acquires 100% of LOVOO GmbH (hereinafter referred to as “LOVOO”) for a total consideration of USD 70 million, inclusive of a USD 5 million contingent earn-out. The transaction is expected to close in October 2017.

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