ZPG PLC Acquisition (5455P)

TIDMZPG

RNS Number : 5455P

ZPG PLC

01 September 2017

1 September 2017

ZPG ACQUIRES LEADING PROPERTY PRINT MARKETING BUSINESS, RAVENSWORTH

-- Ravensworth is the leading provider of on-demand print & creative marketing services to UK estate agents

-- Adding a comprehensive portfolio of products & services that ZPG can offer to its 23,500+ property partners

-- Delivering a fully-integrated, on-demand print platform to create a one-stop shop for best-in-class marketing

ZPG Plc (LSE:ZPG) ("ZPG") which owns and operates some of the UK's most trusted digital property and household-related brands including Zoopla, uSwitch, PrimeLocation and Hometrack, today announces that it has acquired Ravensworth, the UK's leading provider of on-demand print and creative marketing services to UK estate and letting agents, for an undisclosed sum.

Ravensworth, based in Cramlington, Northumberland, specialises in providing integrated print ordering solutions to over 4,500 UK estate and letting agent branches via its state-of-the-art print technology platform. Ravensworth has a comprehensive product offering for every stage of the property marketing journey from listing through to post-sale including design services, brochures, canvassing materials, direct mail, email marketing and branch display products.

The acquisition of Ravensworth is a continuing part of ZPG's mission to provide the best value and most effective solutions to all UK property professionals. The deal further increases the number of estate agency partners that ZPG provides its services to and enhances ZPG's comprehensive one-stop-shop product offering for its property partners to now include portal, software, website, data and print marketing services.

Ravensworth's in-house team of brand, design and creative marketing specialists, headed up by Managing Director Suzie Pattison, will become an integral part of ZPG's wider property marketing business, enabling ZPG to offer fully-integrated, on-demand print and creative marketing services to its more than 23,500 property partners.

Ravensworth offers a complete range of print and marketing services to estate agents and letting agents including: address data, banners, booklets, branch display materials, stationery, calendars, campaign management, canvassing materials, brochures, design services, direct mail/door drops, document folders, greetings cards, email marketing, magazines, moving cards, new home cards, posters, property particulars, vendor brochures and window cards.

Alex Chesterman, Founder & CEO of ZPG said, "We are delighted to announce the acquisition of Ravensworth, which gives us a market-leading position in the provision of on-demand print and creative marketing services to UK estate and letting agents. In keeping with our strategy, by combining Ravensworth's products with our sales and marketing capabilities we will be able to offer our partners a fully integrated, best-in-class print solution and once again confirms our position as the most effective partner for UK property professionals."

Suzie Pattison, MD of Ravensworth said, "We are incredibly excited to now be part of ZPG and by the opportunities that this deal opens up for both Ravensworth's and ZPG's existing partners. Over the years we have continuously innovated our products and marketing toolkit and have built an industry-leading platform and talented team who are now looking forward to working with even more customers to help them improve the effectiveness of their property marketing."

For further information, please contact:

Lawrence Hall, Head of Communications - [e-mail] / 07890 078 945

Rachael Malcolm, Head of Investor Relations - [e-mail] / 020 38725 648

James Isola, Maitland 020 7379 5151

About ZPG Plc (www.zpg.co.uk)

ZPG Plc (LSE:ZPG) ("ZPG") owns and operates some of the UK's most trusted property and household-related digital brands including Zoopla, uSwitch, PrimeLocation and Hometrack.

We help empower smarter property and household decisions and our multi-brand, multi-channel approach creates a unique and unrivalled proposition with our websites and mobile apps attracting over 50 million visits per month and over 24,000 business partners using our services.

Zoopla is the UK's most comprehensive property website, helping consumers to research the market and find their next home by combining hundreds of thousands of property listings with market data and local information.

uSwitch is the UK's leading comparison website for home services switching, helping consumers to find the best deal and save money on their gas, electricity, broadband, TV, phone and personal finance products.

PrimeLocation is one of the UK's leading property websites, helping house-hunters in the middle/upper tiers of the market find their dream home from the top estate agents, letting agents and property developers.

Hometrack is a leading automated valuation model (AVM) provider in the UK and Australia, providing residential property market insights to partners including mortgage lenders, developers, investors and others.

ZPG is also the UK's leading provider of cloud-based software solutions for estate and letting agents across the UK with a portfolio of brands including Alto, Jupix, Expert Agent, Technicweb, PropertyFile and MoveIT.

ZPG was founded in 2007 and has a highly experienced management team, led by Founder & CEO, Alex Chesterman OBE.

About Ravensworth (https://www.ravensworth.co.uk/)

Ravensworth supplies a complete range of print and creative marketing services to estate agents and letting agents across the UK. Its unique position as the leading provider of on-demand print solutions, continued investment in state-of-the art print technology, talented designers and commitment to reducing its environmental impact make it the number one choice for UK property professionals.

The full range of products and services offered by Ravensworth to its estate agent customers include: address data, banners, booklets, branch display materials, business stationery, calendars, campaign management, canvassing materials, company brochures, design services, direct mail/door drops, document folders, greetings cards, email marketing services, magazines, moving cards, new home cards, posters, property particulars, vendor brochures and window cards.

This information is provided by RNS

The company news service from the London Stock Exchange

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September 01, 2017 02:00 ET (06:00 GMT)