NewsStrategy’s Owners Increase Stake in Meetic


The company that owns has increased its stake in, by purchasing all remaining shares of co-founder Marc Simoncini.

IAC announced today they are increasing their ownership of Meetic from 80.8% to 87.5%, in a deal of around 29.5m.

Meetic is Europe’s leading online dating site, operating in 15 countries and 11 languages.

The site was first partnered with Match in 2009, when it bought Match’s European operations.

This deal included IAC gaining 27% of Meetic’s shares.

Then in 2011, IAC gained control of Meetic by increasing their stake in the company to 77.6%.

The shares bought today represent 6.7% of Meetic’s capital, and increases IAC’s stake to 87.5%.

Marc Simoncini, who founded Meetic in 2001, no longer owns any shares in the company and has resigned from the board of directors.

Greg Blatt, CEO of IAC, said: “As the founder of Meetic, Marc has made invaluable contributions to the company.

“We appreciate what a great partner he has been since we first joined with Meetic in 2009, and are looking forward to our next stage of stewardship of the company.”

IAC is a leading media and internet company which owns over 150 brands that include,,, and

Simon Edmunds

Simon is the former editor of Global Dating Insights. Born in Newcastle, he has an English degree from Queen Mary, London and after working for the NHS, trained as a journalist with the Press Association. Passionate about music, journalism and Newcastle United.

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