M&A Deal Summary

iSelect Acquires InfoChoice Pty

On May 16, 2011, iSelect acquired financial services company InfoChoice Pty for 34M USD

Acquisition Highlights
  • This is iSelect’s 1st transaction in the Financial Services sector.
  • This is iSelect’s largest (disclosed) transaction.
  • This is iSelect’s 1st transaction in Australia.

M&A Deal Summary

Date 2011-05-16
Target InfoChoice Pty
Sector Financial Services
Buyer(s) iSelect
Deal Type Add-on Acquisition
Deal Value 34M USD

Target

InfoChoice Pty

Sydney, Australia
InfoChoice was established in 1993 to make comparing financial and insurance products quick and easy.

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Buyer(S) 1

Buyer

iSelect

Cheltenham, Australia

website


Category Company
Founded 2000
Sector Internet Software and Services
DESCRIPTION

iSelect Limited is the leading provider of product comparison for Australian consumers of private health insurance. Founded in 2000, the company has since expanded into additional insurance lines including life, auto and travel, as well as financial products including home loans. By partnering with many of Australia's leading insurers and banks, iSelect provides consumers with a broad set of options, advice, and increased flexibility, both online and over the phone.


DEAL STATS #
Overall 1 of 2
Sector (Financial Services) 1 of 1
Type (Add-on Acquisition) 1 of 2
Country (Australia) 1 of 1
Year (2011) 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-10-03 Intelligent Money Sdn Bhd

Kuala Lumpur, Malaysia

Intelligent Money Sdn Bhd (iMoney) owns and operates a bank/price comparison website for financial products in Malaysia.

Buy -