Zoopla owner buys estate agent software provider
ZPG, the owner of property websites Zoopla and PrimeLocation, has bought Expert Agent, a software provider for estate agents, for an undisclosed fee.
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The acquisition is part of the FTSE 250 company’s strategy to be a provider of resources for UK property professionals and builds on its recent acquisition of Hometrack, a provider of property data.
ZPG managing director Mark Goddard said, "We will integrate our MoveIT and MyPropertyFile products into the Expert Agent platform in time to provide its members with a range of new revenue opportunities.
"Our ambition is to be the most effective partner to the UK property industry and this deal is another step towards that goal."
Expert Agent managing director Mike Griffiths said the business would remain an independent solution but take Expert Agent "to the next level" by integrating products and investing further in its platform.