DMGT -- May 8 -- Associated Newspapers, the national newspaper division of DMGT has acquired Allegran, which operates a portfolio of dating web sites, catering for different segments within the UK market. In the year to 31 January 2006, Allegran reported revenues of £7.4 million, up ~160% on 2004. Allegran´s sites include three ranked in the top seven UK dating sites.
The full article was originally published at DMGT, but is no longer available.
Mark Brooks: The UK market is hot and prime for acquisitions. Anotherfriend is doing well in Ireland and has 10 employees. I hear conversions in the UK are very strong? Allegran runs Loopylove, GirlsDateforFree, Pocado, DreamsDiscovered and DatingforParents.