European tech incubator and investment firm Agile Wings has confirmed the latest addition to its growing portfolio of services, acquiring US dating coach business Love Systems.
The fast-growing incubator, which focuses particularly on marketing and dating technology products, will now offer investment and support to the coaching agency, as it looks to further improve the quality and reach of its services.
The deal was exclusively announced at GDI’s first European conference in Amsterdam earlier this month, after which Love Systems CEO Derek Comeau gave a talk about whether date coaching and lifestyle products can work together with online dating services.
Founded in 2006, Love Systems owns a range of dating and lifestyle services designed to offer advice to single professional men over the age of 25, including e-books, video courses and live training.
Commenting on its latest acquisition, Agile Wings CMO Sam Van Campenhout said: “Love Systems is a great acquisition for Agile Wings.
“Love Systems is a growing business and with the support and shared knowledge of Agile Wings, we are certain that we can help the company become one of the world’s most successful self improvement institutions.
“We’re delighted to welcome everyone at Love Systems to the team and are thankful to the previous owner Nick Savoy, for the success he’s already brought the company.”
Comeau added: “We’re in the business of changing lives. The expertise and resources that Agile Wings provides will allow us to expand to a global scale.”
This purchase marks the firm’s second big acquisition within the dating sector in the past six months, after it acquired white label leader Dating Factory last year.
Last month, GDI sat down with Van Campenhout for an exclusive video interview, to learn more about the company’s plans for the Dating Factory brand.
Watch the full interview here.