19-12-2017 16:21 via thedrum.com

GoCompare acquires MyVoucherCodes in £36.5m deal

GoCompare has acquired discount site MyVoucherCodes for £36.5m.
The comparison site shelled out for the eight million e-mail subscribers and 45 million visitors that MyVoucherCodes attracts to the site each year and delivered £350m in revenue for the 3,000 retail brands it partners with, including Asos, Sky and Expedia.
The site itself is projected to generate revenues of £11.8m for the 12 month period ending 31 December 2017.
In the announcement today (19 December), GoCompare
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