$621 Million

Beijing Kunlun Tech Co. Ltd.

Sell-side

Financial Advisor, June 2020

Sale of Grindr Inc. to San Vicente Acquisition LLC

Kunlun is a global Internet, social media and mobile gaming company based in Beijing, China.  Kunlun previously acquired 100% of Grindr through two separate transactions in 2016 and 2018 for an aggregate value of $245M.

Since launching in 2009, Grindr has grown into the largest social networking app for gay, bi, trans, and queer people. The Company has millions of daily users who use the location-based networking app in almost every country around the world. Today, Grindr proudly represents a modern LGBTQ lifestyle that’s expanding into new platforms. From social issues to original content, the Company continues to blaze innovative paths with a meaningful impact for the LGBTQ+ community. Grindr is headquartered in West Hollywood, California. 

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