Grindr Completes Acquisition of Freddie, Accelerating Grindr Health
Business Wire•02/11/2026•16:05 ET
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Key Highlights
- ➤Grindr completed its $250 million acquisition of PurposeMed, parent of Freddie
- ➤Transaction comprises $190 million cash and $60 million Grindr common stock
- ➤Deal includes up to $70 million additional cash tied to 2027 performance targets
- ➤Freddie adds PrEP telehealth, pharmacy, clinical, and patient-support capabilities
- ➤Eligible US and Canadian Grindr users can access Freddie through the app today
Expert Statements
George Arison, CEO of Grindr
“We are very excited to welcome the Freddie team to Grindr and can’t wait to work together to make HIV prevention care easier for more gay men to access. The acquisition gives us a profitable business, an experienced team, and clinical and pharmacy capabilities that would take us at least two years to build ourselves.”
George Arison, CEO of Grindr
“We can now combine those capabilities with Grindr’s reach and daily relationship with gay men to bring more patients into care and accelerate the fight against the HIV epidemic. Together, we have an opportunity to prevent thousands of new HIV infections a year while building a major new source of profitable growth for Grindr.”
Grindr Completes Acquisition of Freddie, Accelerating Grindr Health
Freddie brings HIV prevention care into the Grindr experience and advances Grindr’s vision for the Global Gayborhood in Your Pocket™
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