Zoopla owner ZPG has continued on an acquisition spree as it announces they had conditionally agreed to acquire Dot Zinc Limited, the owner of money.co.uk.

ZPG recently acquired property marketing firm Ravensworth and today’s announcement further highlights ZPG’s aspirations to grow in the digital media sector by acquiring complimentary companies and competitors.

Money.co.uk was established in 2008 and generated £24.7m and £8m EBITDA in the year to 31st October 2016.

Alex Chesterman, CEO of ZPG said of the acquisition:

“We are delighted to announce this transaction. Adding Money, one of the UK’s leading financial services comparison websites, to our existing brand portfolio will further enhance our product capabilities and consumer engagement across both our comparison and property platforms.”

“Broadening our financial services offering has long been a key part of our strategy and I look forward to welcoming Chris and his team to the ZPG family.”

CEO of Money.co.uk, Chris Morling added:

“I am very proud of what we have achieved over the last nine years. We have developed a strong brand and loyal following and are looking forward to the next phase of our growth.”

“ZPG has led the way as an innovative digital consumer champion and we are looking forward to helping even more consumers make better-informed decisions as part of ZPG.”