Foley & Lardner LLP represented Austin-based exclusive dating app The League in its acquisition by Match Group, a Dallas-based parent company of several popular dating apps, including Tinder and Hinge.
Founded in 2014 by Amanda Bradford, The League is a highly selective dating app designed to match ambitious and career-focused people looking for long-term relationships. To keep the quality of the community high, The League requires users to apply with their social media profiles and waitlists all users until they pass 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 the chances of getting matched. Users can also create and join local events and participate in group chats to meet up with new friends offline. In addition, The League hosts singles events and trips.
The Foley team was led by Partners Louis Lehot and Natasha Allen and included Cayman Weimer, Ashley Lee, Ethan Lenz, Marina Choundas, Raj Tanden, Mike Overly, Jason Kohout, Casey Knapp, Jeanne Gills, Justin Sobaje, Lewis Zirogiannis, Jennifer Huckleberry, 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, representing U.S. and international public and private companies, investment banks, private equity and venture capital funds, special board committees, and lenders in nearly every form of M&A transaction — from small, product-line acquisitions to complex, multibillion-dollar mergers. Foley’s attorneys have insight into the unique needs of high-growth companies. For more information, visit FoleyIgnite.com.
