Zencon (BlackPeopleMeet) Sold to American Capital

OPW -- June 16 -- Apparently Zencon Technologies sold to American Capital Srategies (private equity).  Zencon Technologies runs BlackPeopleMeet (their top property and #8 on Hitwise USA), SingleParentMeet (#23 according to Hitwise USA),  BBPeopleMeet, SeniorPeopleMeet,  BabyBoomerPeopleMeet,  BlackChristianPeopleMeet,  AsianPeopleMeet and LatinoPeopleMeet.  I heard they had revenues North of $15 million and were looking for a valuation North of $100 million.  The niche dating market is heating up and cost per registrants has gone up as well.  It's doubtful they got their $100 million + valuation.  - Mark Brooks

Comments

[a.sierra]

Once again, it is LatinoPeopleMeet. You still have it listed incorrectly in the Niche Dating USA Rankings as well.