Adult FriendFinder To Go IPO Soon

Andrew Conru has taken Adult FriendFinder (AFF) a long way.  AFF now has 20 million members, sold for $500 million to Penthouse Media Group, and now they are readying to go IPO.  AFF filed a Form S-1 with the SEC to go public yesterday.

Russian investment bank Renaissance Capital is preparing AFF for the IPO.  AFF hopes to raise $460 million when going public.  AFF made about $244 million in revenue in the last three quarters of the year across about 950,000 members.

AFF has about a half billion in debt that they plan on paying off with the IPO.  AFF is based in Boca Raton, Florida, led by Marc H. Bell as CEO.

[via TechCrunch]

posted in pulse2.

2 Responses to Adult FriendFinder To Go IPO Soon

  1. Willy Bean says:

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    http://www.Free-AdultFriendFinder.com

    Thanks and Enjoy Everyone

  2. Danial says:

    hello.My name is Danial. My phone number is 0989183072698

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