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]
Hello my Friends,
We have teamed up with Adult Friend Finder to offer you this amazing offer:
Adult Friend Finder – Free 1 Month Gold Membership for AdultFriendFinder (WE PAY IT FOR YOU)
If your interested in a Adult Friend Finder Gold Membership for a month, please visit the following site.
http://www.Free-AdultFriendFinder.com
Thanks and Enjoy Everyone
hello.My name is Danial. My phone number is 0989183072698