Zoopla Property Group acquires uSwitch.com
Zoopla Property Group Plc (LSE:ZPLA), the digital media business which owns and operates some of the UK's leading online property brands including Zoopla and PrimeLocation, has acquired uSwitch, the UK's #1 price comparison website and lead generation engine in the home services sector (energy and communications). The acquisition of uSwitch is a significant step in ZPG's mission to be the most useful resource for consumers and the most effective marketing partner for professionals across the property space.
The transaction brings together two of the UK's best-known digital consumer brands and fastest-growing technology businesses of the past few years. The combined Group will offer advertisers enhanced lead generation, more frequent user engagement and additional revenue opportunities from new products and data.
Torch Partners acted as financial adviser to Zoopla Property Group on the transaction.
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