ZPG Comparison Services Holdings UK Limited

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ZPG Comparison Services Holdings UK Limited - overview

Established

2018

Location

London, -, UK

Primary Industry

Software

About

ZPG Comparison Services Holdings UK Limited specializes in providing comparison services that assist consumers in selecting optimal insurance, broadband, mobile, and energy providers through its brands, such as Uswitch and Confused. com. Founded in 2018 in London, UK, ZPG Comparison Services Holdings UK Limited operates as a comparison services provider, focusing on consumer needs in the insurance and utility sectors. The company was established from the merger of various comparison assets of ZPG Plc.


The leadership team includes CEOs Richard Hayes, Tariq Syed, and Thomas Lüth. In May 2018, a partnership was formed with Red Ventures, LLC, which is backed by General Atlantic and Silver Lake, though financial terms were not disclosed. The company has completed 1 deal to date, with the most recent deal occurring on May 1, 2018. RVU operates primarily within the comparison services sector, offering a suite of products aimed at helping consumers make informed decisions regarding insurance, broadband, mobile services, and energy providers.


The company’s key brands, including Uswitch and Confused. com, facilitate the comparison process by allowing users to evaluate various deals based on factors such as pricing, customer service, and environmental considerations. RVU’s platform serves millions of customers across the UK, providing tailored solutions to meet the diverse needs of individual consumers and businesses alike. The company emerged from the merger of different comparison assets of ZPG Plc in 2018, creating a comprehensive home and financial services offering that addresses the challenges consumers face in selecting optimal service providers.


In 2023, RVU reported revenue of USD 561. 67 mn with an EBITDA of USD 149. 99 mn. The company generates revenue primarily through partnerships with service providers, earning referral fees when consumers select suitable deals via its platforms.


This structure emphasizes direct consumer engagement and incorporates both B2B and B2C dynamics, leveraging its client base for favorable terms and high transaction volumes through flagship services like Uswitch. Looking ahead, RVU is focused on expanding its service offerings and entering new markets. The company is currently developing new products aimed at enhancing user experiences in the comparison service arena, although specific launch dates are not provided. Expansion plans are in place for geographic regions beyond the UK, targeting specific markets to enhance global reach.


The recent funding from the deal in May 2018 is anticipated to support these growth initiatives, allowing RVU to strengthen its competitive position in the comparison services sector.


Current Investors

Red Ventures, LLC, ZPG Plc

Primary Industry

Software

Sub Industries

Financial Services, Analytics & Performance Software

Website

www.rvu.co.uk

Verticals

Big Data

Company Stage

Add-on

Total Amount Raised

Subscriber access only

ZPG Comparison Services Holdings UK Limited - timeline of key events

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ZPG Comparison Services Holdings UK Limited - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedPenguin Portals Ltd.-
Add-onCompletedPreminen Price Comparison Holdings Limited-
Add-onCompletedZPG Comparison Services Holdings UK Limited-

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ZPG Comparison Services Holdings UK Limited - employee data

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