Clipperton acted as sole sell-side financial advisor to Fruitz, its management and shareholders on its sale to Bumble Inc. [NASDAQ: BMBL], a leading online dating application.
Fruitz is a dating platform founded in 2017 which enables users to meet people that are looking for the same kind of relationship.
With this acquisition, Bumble Inc. will strengthen its foothold in Europe as well as combine Fruitz’s dynamic Gen Z oriented product with its industry-leading machine learning, marketing, localization, and safety platforms.
