Three Day Rule Acquired by Private Investment Group and Appoints New CEO
Deal News | Nov 19, 2024 | Globenewswire
Three Day Rule Matchmaking, a prominent player in modern matchmaking and relationship wellness, has been acquired by a private investment group. Following the acquisition, Adam Cohen-Aslatei has been appointed as the new CEO. Cohen-Aslatei, with extensive experience in the dating industry, aims to leverage his expertise to expand and enhance the services offered by Three Day Rule. The company's strategic objectives include launching new coaching programs and a mobile app, broadening the accessibility of their matchmaking services to a national audience. Cohen-Aslatei previously founded and sold the dating app S’More and has held leadership roles in companies like Bumble and The Meet Group. As the new CEO, he is committed to promoting relationship wellness by offering high-quality, personalized matchmaking services. Three Day Rule's mission revolves around guiding high-intent singles towards successful and lasting relationships.
Sectors
- Matchmaking and Dating Services
- Private Equity
Geography
- United States – The article is based in Los Angeles, and the focus on nationwide expansion suggests a significant emphasis on the U.S. market.
Industry
- Matchmaking and Dating Services – The article discusses the acquisition of a matchmaking company and strategies for growth in the dating industry.
- Private Equity – The acquisition by a private investment group highlights the role of private equity in the expansion and strategic direction of the matchmaking company.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Three Day Rule Matchmaking | Target Company | Company | A leader in personalized matchmaking and relationship wellness services, acquired by a private investment group. |
| Adam Cohen-Aslatei | CEO | Person | Appointed as the new CEO of Three Day Rule; brings extensive experience from the dating industry. |
| Private Investment Group | Bidding Company/Buyer | Company | Acquired Three Day Rule to enhance and expand its matchmaking services. |
| Erika Kaplan | Contact for Media Inquiries | Person | Media contact for Three Day Rule Matchmaking. |
| Steve Stratz | PR Representative | Person | Handles public relations for Three Day Rule Matchmaking. |