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ZPG acquires estate agency website design business Technicweb

Wednesday, November 30, 2016

...and invests in smart home-insurance provider Neos

Zoopla Property Group Plc (LSE:ZPLA) ("ZPG"), owner of some of the UK’s most trusted home-related digital platforms including Zoopla, uSwitch, PrimeLocation and Property Software Group, today announces that it has acquired leading estate agent website design and hosting business Technicweb and has invested and signed an exclusive partnership with connected home insurance provider, Neos.

Technicweb, based in Braintree Essex, specialises in designing custom built, fully-responsive websites for the property sector and has a team of 22 designers, programmers, project and account managers who have built over 1,500 websites for estate agent clients.

The acquisition of Technicweb is a core part of ZPG's continued mission to be the most effective partner for UK property professionals and now makes ZPG the largest provider of estate agency websites in the UK.

Separately, ZPG has announced a strategic investment and exclusive partnership with Neos, the UK’s first home insurance provider that provides the latest connected home technology, 24/7 emergency assistance and will fully launch to the market in early 2017.

This new investment and partnership follows a series of other investments made by ZPG this year in some of the UK’s most innovative tech start-ups including PropertyDetective, Bricklane, Landbay and Trussle.

Alex Chesterman, Founder & CEO of ZPG said, "We are delighted to announce that we have acquired Technicweb, one of the UK’s leading estate agency website design and hosting businesses along with our investment and partnership with Neos, the UK’s first connected home insurance provider. These deals reaffirm our mission to provide the most useful resources for consumers when finding, moving or managing their home and to be the most effective partner for related professionals."

Andrew Clack of Technicweb said, "We are delighted to become part of Zoopla Property Group and are excited about the opportunities this opens up for Technicweb and our clients. ZPG is one of the most progressive and innovative operators in the property sector today and we are all excited by the opportunities we will be able to offer estate agencies as a result of this transaction."

Matt Poll, CEO of Neos, commented, "It’s fantastic to be partnering with and have the support of the ZPG team. We know consumers who are making property decisions are also those looking to re-evaluate their home insurance and methods for protecting their cherished possessions. As the consumer champion at the heart of the home ZPG is the perfect partner to support the benefits of the Neos service."

-ENDS-

For further information, please contact:
Lawrence Hall, Head of Communications - lawrence.hall@zpg.co.uk / 07890 078 945
James Isola, Maitland 020 7379 5151

About Zoopla Property Group (www.zpg.co.uk)

Zoopla Property Group Plc (LSE:ZPLA) (ZPG) owns and operates some of the UK’s most trusted and effective home-related digital platforms including Zoopla, uSwitch, PrimeLocation and Property Software Group. Our mission is to provide the most useful resources for consumers when finding, moving or managing their home and be the most effective partner for related businesses.

We help consumers understand the property and home services comparison markets and make smarter decisions, whilst helping professionals to win more business and operate more effectively. The Group benefits from its multi-brand, multi-channel approach and each of our brands has a distinct market position with an unrivalled proposition. Our websites and mobile apps attract over 50 million visits per month.

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 and upper tiers of the market explore and find their dream home from the top estate and letting agents.

Property Software Group is the UK’s largest supplier of software and workflow solutions to the property industry with a portfolio of brands including Alto, Jupix, CFP, Vebra, Core, Encore, MyPropertyFile and MoveIT.

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

About Technicweb (http://www.technicweb.com/)

Technicweb Ltd was founded in 2003 by Andrew Clack and Charles Forrester; Andrew, an Ex-Estate Agent with over 15 years' experience and Charles coming from NetCall PLC; a technology company specialising in web-based telephony systems.

Over the years, the team based in Braintree has built over 1,500 property websites which has exposed them to just about every situation imaginable; from single branch residential to large multi-disciplined agencies. They have substantial experience to impart and ready-made solutions for just about anything related to property websites.

About Neos (www.neos.co.uk)

Neos combines smart technology, home security and premium insurance in a new way to protect your home. Neos is designed to prevent the damage that leads to a home insurance claim. HD cameras, motion sensors, smoke detectors, door contacts and water leak sensors work to protect the home, maintaining constant contact with the homeowner’s Neos app which provides live status information and video feeds. 

As well as alerting the homeowner of a break-in, leak or fire, the connected system triggers the 24/7 dedicated home emergency team to get in contact and if needed, send an approved tradesperson to resolve, minimising the damage to your home. To get everything back to normal, it’s all backed up by a premium home insurance policy underwritten by one of the UK’s leading providers, Hiscox.

Neos offers its connected home protection service for a similar price to a traditional home insurance policy. Preventative security and rapid response to incidents means less risk of a claim – and a smaller claim if something bad does happen.