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Announced

Future to acquire GoCo Group for $793m.

Financials

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Transaction Value£594m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales3.9x
EV/EBITDA-
Share Price Premium23.6%
One Off Charge-

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Friendly

Pending

Acquisition

Majority

United Kingdom

Domestic

Single Bidder

Public

IT Services: Other

information services

insurance comparing

Synopsis

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Future, a magazine publisher, agreed to acquire GoCo Group, an online comparison and information services provider, for $793m. "We are delighted to announce a recommended offer for GoCo Group, which we believe will deliver significant long-term shareholder value. Through the acquisition, we expect to create a leading offering for consumers, providing complementary insights that enable consumers to make informed choices in their passions, interests and key purchasing decisions. The transaction will bring together our depth of audience insight and reach with GoCo’s expertise in price comparison, underpinned by the proprietary technology of both groups," Zillah Byng-Thorne, Future CEO.

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