Spark Networks

Spark Networks GmbH
FormerlySpark Networks SE
Company typePrivately held company
IndustryDating websites
Founded1997; 27 years ago (1997) in Beverly Hills, California
Headquarters
Berlin, Germany; New York, NY, United States
Products
ParentSpark Networks Holdings, LP
Websitewww.spark.net

Spark Networks GmbH is an American-German dating company with a portfolio of brands designed for singles seeking serious relationships. These online dating brands include Zoosk, SilverSingles, EliteSingles, Jdate, ChristianMingle, eDarling, JSwipe, AdventistSingles, LDSSingles, and Attractive World. Formed in 2017 through the merger of Affinitas GmbH and Spark Networks, Inc., the company has a presence in 29 countries worldwide.

On July 1, 2019, Spark Networks closed on their previously announced acquisition of Zoosk, Inc., forming North America's second-largest dating company in revenues. The deal increased Spark's global monthly paying subscribers to over 1 million.[1]

On January 12, 2024, Spark Networks successfully completed a financial reorganization process pursuant to the Act on the Stabilization and Restructuring Framework for Companies (Gesetz über den Stabilisierungs- und Restrukturierungsrahmen für Unternehmen, StaRUG) (“StaRUG”).[2] Pursuant to the StaRUG restructuring plan, which was confirmed by the German Court on January 4, 2024, secured lender MGG Investment Group LP became Spark Networks' sole equity holder in exchange for waiving over $45 million of debt and providing approximately $24 million to support business operations.[3][4][5][6][7]

  1. ^ "Spark Networks SE Closes Zoosk, Inc. Acquisition". finance.yahoo.com. Retrieved 2019-07-01.
  2. ^ "Spark to Continue Strategic Transformation Under New Ownership". Spark Networks. Retrieved 2024-05-01.
  3. ^ "Spark Networks setzt Transformation auf gestärkter finanzieller Basis fort". Spark Networks. Retrieved 2024-05-01.
  4. ^ "Spark Networks to Advance Transformational Journey on Stronger Financial Foundation". Spark Networks. Retrieved 2024-05-01.
  5. ^ "Spark to Continue Strategic Transformation Under New Ownership". Spark Networks. Retrieved 2024-05-01.
  6. ^ "Spark Networks | Case Background: StaRUG Proceeding and Related Chapter 15 Proceeding". Kroll Restructuring Administration.
  7. ^ "Spark Networks German StaRUG plan confirmed in firstever crossborder restructuring under German StaRUG and US chapter 15 | Experience". www.jonesday.com. Retrieved 2024-05-01.