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Parship Elite Group

Sector
Consumer
Fund
Fund II
Year
2015
Location
Germany
Status
Realised

Parship Elite Group is the No.1 online matchmaking platform in the German-speaking region.

Key facts

Under our leadership

€7m

of synergies delivered

Generating

4.7x

MM

Generating

118%

IRR

Parship was founded in 2001 and is a leading online matchmaking service in the German-speaking world.

Parship Elite Group

Enabling singles to search for a serious relationship

The Parship principle is to apply a scientific method to allow singles to search for a serious relationship with the best possible chances of success.

Parship offers its services in 13 countries.

Our investment

Following the acquisition of Parship, we signed a transformational deal to acquire ElitePartner, just 6 weeks after the original deal, and combined the two businesses to form Parship Elite Group – the premier matchmaking brand in Europe.

Under our ownership, €7.0m of synergies were delivered, with the implementation of a common technical platform in under 12 months.

The business demonstrated strong organic growth, with EBITDA increasing 43% CAGR from 2015 to 2017.

In addition, we worked closely with management and partnered with ProSiebenSat.1, to introduce a revised brand media strategy, which captured an increasing share of the growing market.

In 2018, Oakley sold Parship Elite Group to Nucom Group, to ProSiebenSat.1’s Commerce Unit, achieving returns of 4.7x and 118% IRR.

Our origination network helps us source investments others cannot. Often, we are the first institutional investor in our portfolio companies.

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Our companies

Latest

News and insights
CFO Forum panel discussion
Insights
CFO Forum 2022 30.06.22
News Consumer
Disposal of PARSHIP Elite Group and Verivox 22.02.18
News Consumer
Oakley sells partial stake in PARSHIP Elite Group 06.09.16
News Consumer
Oakley completes acquisition of ElitePartner 03.11.15

If you would like to know more, contact a member of the OCI team.

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