M&A Deal Summary

Bionic Acquires BusinessComparison

On February 11, 2021, Bionic acquired financial services company BusinessComparison

Acquisition Highlights
  • This is Bionic’s 2nd transaction in the Financial Services sector.
  • This is Bionic’s 3rd transaction in the United Kingdom.

M&A Deal Summary

Date 2021-02-11
Target BusinessComparison
Sector Financial Services
Buyer(s) Bionic
Deal Type Add-on Acquisition

Target

BusinessComparison

Chester, United Kingdom
BusinessComparison specializes in helping UK SME’s compare and switches a wide range of essential services, including energy, finance, banking, insurance, telecoms, and payment solutions. BusinessComparison was founded in 2015 and is based in Chester, United Kingdom.

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Buyer(S) 1

Buyer

Bionic

London, United Kingdom

Category Company
Founded 2007
Sector Internet Software and Services
DESCRIPTION

Bionic provides SMEs with price comparison and switching services for a range of areas, including electricity, gas, insurance, and telecoms. Bionic was founded in 2007 and is based in London, United Kingdom.


DEAL STATS #
Overall 3 of 3
Sector: Financial Services M&A 2 of 2
Type: Add-on Acquisition M&A Deals 3 of 3
Country: United Kingdom M&A 3 of 3
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-09-12 Think Business Loans

Essex, United Kingdom

Think Business Finance Ltd. is a fintech-driven commercial lending specialist for UK SMEs. Think Business Finance helps businesses to borrow money more cheaply and easily through a combination of state-of-the-art matching and tendering platforms and expert lending managers. Think Business Finance Ltd. was founded in 2012 and is based in Essex, United Kingdom.

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