Friday, October 16, 2015

Match Group Files For IPO

Dallas-based Match Group, the online dating arm of IAC, has filed for an IPO, saying Friday that it is looking to raise up to $100M in an IPO. The company has applied to list on the NASDAQ Glboal Select Market as MTCH. Match Group runs online dating sites Match.com, OkCupid, Tinder, OurTime, BlackPeopleMeet, and a number of others, plus The Princeton Review. Match Group is currently part of IAC, which owns 100% of the company. The IPO is being underwritten by J.P. Morgan, Allen & Company, and BofA Merrill Lynch.