New Hope-based dating app company The Meet Group announced Thursday morning that it had entered an agreement to be acquired by German media group ProSiebenSat.1 and private equity firm General Atlantic’s joint company NuCom Group.

The all-cash deal is worth $500 million, the Pennsylvania company said in a statement. It also values the public company’s shares at $6.30 per fully diluted share. (It closed last night at $6.82 a share.)

The Meet Group was founded about 15 years ago as MyYearbook. CEO Geoff Cook founded the company along with his brother and sister, and rebranded to MeetMe, then The Meet Group.

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