Represents the league in a takeover by Foley Match Group.
Foley & Lardner LLP represented Austin-based exclusive dating app The League in its acquisition by Match Group, the Dallas-based parent company of several popular dating apps including Tinder and Hinge.
Founded in 2014 by Amanda Bradford, League is a highly selective dating app designed to match ambitious and career-focused people who are looking for long-term relationships. To keep the quality of the community high, the league requires that users apply with their social media profiles and put all users on a waiting list until they go through a screening algorithm and profile review.
Once accepted, users receive a “daily batch” of up to three profiles, with the option to pay for boosts that unlock larger batch sizes and other perks that improve their chances of being matched. Is. Users can also create and join local events and participate in group chats to meet new friends offline. In addition, the league hosts solo events and tours.
The Foley team was led by partners Louis Lehote and Natasha Allen and included Cayman Weimar, Ashley Lee, Ethan Lenz, Marina Choundas, Raj Tandon, Mike Overly, Jason Kohout, Casey Knapp, Jean Giles, Justin Sobaje, Louise Zirogianis, Jennifer Huckleberry were involved. and Isaac Morris.
Wolfson Partners LLC served as financial advisor to the league.
Foley has one of the most active M&A practices in the country, working with US and international public and private companies, investment banks, private equity and venture capital funds, specialized board committees, and almost every form of M&A transaction. Represents lenders in the — from small, product line acquisitions to complex, multi-billion dollar mergers. Foley’s lawyers are aware of the unique needs of high-growth companies. For more information, visit FoleyIglite.com.