Zoopla Property Group Plc (ZPG) has today confirmed that, having received shareholder and FCA approval, it has now completed its acquisition of uSwitch, the UK’s leading comparison website and lead generation engine for energy and communications switching.
The deal reaffirms ZPG’s mission to be the most useful resource for consumers and most effective marketing partner for professionals in the property space. The enlarged group is now working on developing products which will directly benefit ZPG members by allowing them to source the best gas, electricity, broadband, TV and phone deals in the market and earn fees whilst saving money for their clients.
Over the coming months, ZPG members will benefit from further investments in product and marketing, enhanced consumer engagement and greater insight into their property requirements, a further differentiated and expanded audience and opportunities to generate revenues from saving their clients money.
Alex Chesterman, Founder & CEO of Zoopla Property Group said, “This deal is another important milestone in our journey to create the ultimate property market resource and in the evolution of the property portal. Being able to help consumers both find their next home and save money on their household bills is a great fit and we are excited about the new products that we are working on and which will create revenue opportunities for our members.”