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Loopylove Acquired

Filed in archive Business by Mark Brooks on May 10, 2006

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DMGT -- May 8 -- Associated Newspapers, the national newspaper division of DMGT has acquired Allegran, which operates a portfolio of dating web sites, catering for different segments within the UK market. In the year to 31 January 2006, Allegran reported revenues of £7.4 million, up ~160% on 2004. Allegran´s sites include three ranked in the top seven UK dating sites. FULL ARTICLE @ DMGT

Mark Brooks: The UK market is hot and prime for acquisitions. Anotherfriend is doing well in irelandlinks and has 10 employees. I hear conversions in the UK are very strong? Allegran runs Loopylove, GirlsDateforFree, Pocado, DreamsDiscovered and DatingforParents.



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Tags: business  UK  dating  acquired  digital  loopylove+acquired  digital+music  social+networking 

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