GoCompare acquire energy specialist
| La Salle can announce that Newport-based GoCompare has acquired Alloa-headquarted energy pricecomparison company Energylinx - who havecommercial relationships with 69 domestic and 40 business suppliers. Business acquired: Energylinx Activities: Incorporated in 2003, the company has worked independently to become the largest specialist domestic energy price comparison company in the UK. ---------------- Purchaser: GoCompare Activities:Established tin 2006, the company has grown to become one of the UK's leading price comparison companies helping clients compare and buy a wide variety of products and services including insurance, energy and broadband packages. ---------------- Additional info: Matthew Crummack, chief executive of GoCompare, said: 'We are pleased to announce this acquisition, which marks yet another significant milestone for the Group as we continue to build services that work for both our customers and partners. 'Energylinx has an excellent reputation in the industry among energy suppliers and those who use its white-label services, and we will leverage our strong brand, tech and product capabilities to expand its reach and impact to help save even more people time and money.' 'I am looking forward to welcoming Ken and the rest of the Energylinx team to the Group, and to working together to reduce hassle in the energy switching market.' Ken Geddes, chief executive of Energylinx, added: 'I'm proud of what we've achieved at Energylinx in the 15 years since we launched. During that time, the energy market has gone through significant changes, and today consumers are faced with more choice than ever before. 'GoCompare has been a trailblazer in the use of technology to simplify choices and help people save time and money, and I'm excited to be working with them to help even more people switch to better energy deals.' |
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