CNW - Sep 18 - POF is acquiring FastLife, the world's largest speed dating and singles event company. "The direction of online dating is undeniably headed towards a merging of the online and offline worlds," said Markus Frind, founder and CEO of POF. FastLife holds ~2,400 events a year. These events have generated annual revenue of ~$2.5M. POF and FastLife will be rolling out singles events in US over the next year. FastLife was created by a husband and wife team, Justin and Annabelle Parfitt. Annabelle will continue as CEO of FastLife, which is branded as Fast Impressions in Australia. POF wants to invest ~$30M in the next 12 months."
The full article was originally published at Yahoo Finance, but is no longer available.
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Justin and Annabelle have a wonderful taste and eye for detail. They've run high-end speed dating events around the world for several years and built one of the true standout quality, enduring speed dating brands. Smart move by POF. This will help raise the experience bar for POF members, and give them something positive to talk about.
Posted by: Mark Brooks | Sep 19, 2013 at 10:49 AM