AlleyCorp-Led Consortium Acquires Meetup From WeWork
March 30, 2020
Meetup has been acquired by a consortium led by Kevin Ryan's AlleyCorp and will be spun out from WeWork to operate independently. Kevin Ryan will serve as chairman while David Siegel remains CEO as the company pursues growth of its consumer and enterprise Meetup Pro businesses.
- Buyers
- AlleyCorp, Consortium of mission-driven private funds and technology executives (unnamed)
- Targets
- Meetup
- Sellers
- The We Company (WeWork)
- Industry
- Media & Entertainment
- Location
- New York, United States
- Transaction Type
- Divestiture
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