ZPG Plc (LSE: ZPG), the digital media and lead generation platform which owns and operates some of the UK’s most trusted property and household-related digital brands including Zoopla, uSwitch, PrimeLocation and Hometrack, has agreed to acquire money.co.uk.
Money.co.uk is one of the UK’s leading financial services comparison websites, allowing consumers to compare thousands of deals from over 600 providers across more than 60 product categories including mortgages, loans, credit cards, bank accounts and insurance. The business has a strong brand position with over 2 million visits per month to its website.
The acquisition of money.co.uk is a core part of ZPG’s strategy to offer widest range of products across its platforms and will further diversifies ZPG’s brands, channels, products and revenue opportunities. Money’s strong financial services comparison offering is highly complementary to ZPG’s market-leading position in home services comparison via its uSwitch brand.
Torch is delighted to have worked as exclusive financial adviser to ZPG on this transaction – the third strategic transaction for ZPG on which Torch has advised.
Consumer Internet and Digital MediaProduct