The demerger of price comparison site Gocompare.com from insurance providers esure Group has been selected as Insider’s 2006 . Insurers esure took over Gocompare.com , which was founded in 2006 , in March 2015 with a £ £23.3m m acquisition of a 50% stake in the business. Gocompare generated a pre-tax profit of £23.3m on revenue of £119m in its results for the year ended 31 December 2015. After a strategic review, Gocompare will now trade separately on the London Stock Exchange as Gocompare.com . Insider news editor David Casey said that both companies would be able to focus on their individual strategies as a result of the move.
The demerger of price comparison site Gocompare.com from insurance providers esure Group has been selected as Insider’s 2006 . Insurers esure took over Gocompare.com , which was founded in 2006 , in March 2015 with a £ £23.3m m acquisition of a 50% stake in the business. After a strategic review, Gocompare will now trade separately on the London Stock Exchange as Gocompare.com . Insider news editor David Casey said that both companies would be able to focus on their individual strategies as a result of the move.