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A Birmingham dot. The deal, brokered by the Birmingham office of Clearwater Corporate Finance, includes associated company, Chemistry.

City dating direct DatingDirect, which operates from offices in Broad Street, was set up in by former Tamagotchi salesman Darren Richards and his business partner, soft-ware developer Andrew Sex dating Palmas. The two men are the sole shareholders in DatingDirect.

Mr Richards yesterday declined to say how much he and Mr Pike stand to bank from the sale, which represents a return on their original investment of nearly 11 million per cent.

Ranked one of the fastest growing companies in the country, DatingDirect. It employs 15 staff. Its website enables users to search for and contact potential dates while its sister City dating direct, Chemistry, organises live singles events such as speed dating.

Meetic, a quoted company based in Boulogne, was launched in and now has more than It operates in 11 languages across 13 European countries as well as in China and Brazil. The acquisition of DatingDirect gives it a foot-hold in the UK market. Mr Richards, who was featured last year in City dating direct Birmingham Post's list of entrepreneurs to watch, said in a statement: Meetic chief executive Mark Simoncini said: Clearwater partner Jon Hustler said DatingDirect had succeeded by having a carefully policed, easy to use website City dating direct promoted" through a focused advertising and PR strategy.

By Ctiy Post. Get the biggest City dating direct stories by email Subscribe See our privacy notice. Thank you for subscribing See our privacy notice. Follow birminghampost.

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