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Charlie Parsons buys stake in Gaydar | Charlie Parsons buys stake in Gaydar |
(4 months later) | |
Charlie Parsons, the creator of shows including Survivor and The Big Breakfast, has backed a buyout of the dating business of the now-defunct Gaydar Radio operation. | Charlie Parsons, the creator of shows including Survivor and The Big Breakfast, has backed a buyout of the dating business of the now-defunct Gaydar Radio operation. |
As part of the deal, Henry Badenhorst, majority-owner of the Gaydar business he co-founded with fellow South African Gary Frisch, is to leave the business. | As part of the deal, Henry Badenhorst, majority-owner of the Gaydar business he co-founded with fellow South African Gary Frisch, is to leave the business. |
Charlie Parsons Creative, his boutique investment company, has backed the team led by managing director Trevor Martin, who will take on the role of chief executive. | Charlie Parsons Creative, his boutique investment company, has backed the team led by managing director Trevor Martin, who will take on the role of chief executive. |
Parsons, who co-founded The Word-maker Planet 24 with Lord Alli, has backed a management buy-out of the gay dating operation for an undisclosed sum. | Parsons, who co-founded The Word-maker Planet 24 with Lord Alli, has backed a management buy-out of the gay dating operation for an undisclosed sum. |
The remaining Gaydar business – radio licences to the 11-year-old brand were sold off by previous owner QSoft Consulting in January – includes Gaydar.co.uk and GaydarGirls.com dating sites, as well as mobile sites and an app. | The remaining Gaydar business – radio licences to the 11-year-old brand were sold off by previous owner QSoft Consulting in January – includes Gaydar.co.uk and GaydarGirls.com dating sites, as well as mobile sites and an app. |
"Although Gaydar is one of the best known gay brands in the world, there are many opportunities to build on the success to date," said Parsons. "I am delighted to invest in what is a very exciting business with such great potential." | "Although Gaydar is one of the best known gay brands in the world, there are many opportunities to build on the success to date," said Parsons. "I am delighted to invest in what is a very exciting business with such great potential." |
Parsons' undisclosed investment makes him the majority shareholder and he will also take a seat on the board of Gaydar. | Parsons' undisclosed investment makes him the majority shareholder and he will also take a seat on the board of Gaydar. |
"Gaydar is not just a dating site, but a vibrant community, and it was important that anyone taking this company forward understood everything that the business stands for," said Badenhorst. "I am very pleased that Charlie and his team have backed the existing management team to help Gaydar fully realise its potential." | "Gaydar is not just a dating site, but a vibrant community, and it was important that anyone taking this company forward understood everything that the business stands for," said Badenhorst. "I am very pleased that Charlie and his team have backed the existing management team to help Gaydar fully realise its potential." |
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