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)
Location
New York, United States
Transaction Type
Divestiture

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