London, UK, 16 May 2012 – Global Personals Ltd, the largest privately owned online dating company in Europe, has been placed No.16 in the Media Momentum Top 50, a compiled list recognising the most innovative and fastest growing companies in the European Digital Media Economy, organised by investment bank GP Bullhound. Global Personals Ltd was one of ten finalists for the Media Momentum Awards, the shortlist chosen by an esteemed panel of 27 judges from Europe’s booming digital media.
Ranked for the second year running and one of a few British companies to make the list, Global Personals Ltd has been expanding into a number of areas including the successful launch of a mobile platform service, plus acquisition of leading freemium brand Smooch.com and it’s parent company WooWise. With annualised revenues of £36million, the company will be announcing further developments over the next six months.
Ross Williams, co-founder and CEO, said:
It’s a great achievement to make the European Media Momentum Top 50 for the second year running. We are now the fastest growing online dating company in EMEA and have lots of exciting developments that we are currently working on. I would like to thank our ever-growing team for their passion and hard work.”
Now in its ninth year, the GP Bullhound Summit and Media Momentum Awards involved some of the most prominent decision makers in Europe’s digital media industry. The exclusive day-long event saw over 170 pioneers and leading commentators within the sector participate in a series of insightful sessions to discuss some of the most hotly debated issues affecting Europe’s digital landscape.
Manish Madhvani, Managing Partner at GP Bullhound, comments:
“The Media Momentum Awards continue to showcase the stars of the European Internet sector. The Top 50 companies have grown their revenues from c€400m to well over €2bn in 3 years I would like to personally congratulate all the winners and nominees for their achievements. In a dire economic environment this is an admirable feat and these entrepreneurs will be crucial for Europe returning to strong growth. We are fortunate to have worked with many in the list and look forward to seeing the next €1bn company emerging from the list.”
– About Global Personals –
Launched in 2003, Global Personals Ltd is one of the largest privately owned online dating companies worldwide. With annualised revenues of over £36 million, the company currently employs over 100 full time staff and owns and operates its own online dating sites including Singles365.com, DatingAgency.com and JustSingleParents.com, whilst its B2B service, WhiteLabelDating.com, offers a platform for brands and individuals to power their own dating sites that currently includes The Independent, Bauer Media and Plenty More Fish as partners. WhiteLabelDating.com provides the dating software, membership database, payment processing, customer support, hosting infrastructure and much more. You provide your brand, website design and marketing and we do the rest.
Global Personals has received a collection of accolades including fastest growing company in the South East, UK, in the 2011 and 2010 Deloitte Fast 50 and the Deloitte Technology Fast 500 EMEA, won Digital Business Of The Year 2010, highly ranked in The Sunday Times Virgin Fast Track 100 (2010, 2011) and the European Media Momentum Top 50 (2011, 2012). WhiteLabelDating.com has also won ‘Best Dating Software Provider’ for the last three years at the industry awards, iDate.
– About GP Bullhound –
GP Bullhound is a leading investment banking firm providing advice on mergers & acquisitions and institutional capital-raising to emerging growth companies in the Technology sector. The firm was established in 1999 and has a proven track record with over 100 completed M&A and private Placement transactions on behalf of leading global entrepreneurs and business builders. The firm’s international team, comprised of some of the most experienced technology advisory professionals, together with its dedicated approach has helped establish its leading global position. GP Bullhound has strong domain expertise in the areas of Internet and Digital Media, Software and Services, CleanTech and Hardware, with a focus on providing pre-eminent advisory services to some of the best entrepreneurs, management teams and investors around the globe.
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