OPW - Jan 18 - Oasis Active is a big free Internet dating site that is very popular in Australia and South America.Dave Heysen and Daniel Haigh are the co-founders and will be attending i Date this week. We felt that together we would be a stronger market force and cover more of the market, particularly the Australian market. The deal was a Merger, with the aim to look for synergies between the two companies.
The site proactively works to get you the very best matches based on your search criteria, location, and designated age range.
The Oasis.com/platform will also now have the resources to push further into markets outside of Australia and promote our new App coming out early in 2015. Daniel Haigh (the other co-Founder of Oasis Active) is now the Director of Product and Technology and myself CEO of RSVP & Oasis.
We are both Executive Directors of the combined entity.
Following completion of the transaction, Fairfax Media will hold a 58% shareholding in the merged entities, Ten Network will hold 17% and Oasis’ founders will retain 14%, with the balance held by a small number of minority shareholders.
The combined business will be managed by the RSVP and Oasis executive teams, with each brand continuing to focus on its respective target market segment.