ZPG Sells Its Marketing Agency Back to Its Original Owner

November 23, 2020

No disrespect to Ravensworth, ZPG knows it will be in good hands with original owner, The Printed Group

ZPG has let go of marketing agency, Ravensworth, which it had owned for almost 3 years. The Printed Group, its original owner, has grabbed it back for an undisclosed amount.

The choice to sell it back to The Printed Group was made because, as the Zoopla parent company explained, it “is the best possible home for the Ravensworth business and can provide it with the support and investment it needs to grow its business.”

Ravensworth is an on-demand print and marketing services company utilized by agencies across the UK market. ZPG has claimed that the marketing agency has done nothing but build up Zoopla’s presence within the industry.

So, why the need to sell it if it has been an asset to the real estate portal for the last three years? The acquisition was conducted before Silver Lake Partners took over the company. Silver Lake has implemented its own staff for production, marketing, and engineering, leaving no room for Ravensworth.

November 23, 2020
Victoria has been writing about property portals and marketplace sites for Online Marketplaces for over 3 years. She is also our resident artist and is responsible for all of the infographic content on the site.

Subscribe to our mailing list to get the famous, free Friday newsletter!

News and analysis to help build better online marketplace businesses, in your inbox, every Friday

Related News

Cooperrocketacq
Rocket to Acquire Mr Cooper Mortgage Service for $9.4 Billion

Rocket Companies has announced a $9.4 billion all-share deal to acquire Mr. Cooper, the largest mortgage servicer in the United...

Read More
Scout24 German Houses 1
Scout24 Closes Another Data-Focused Acquisition

Germany-based marketplace operator Scout24 has continued its expansion into real estate data with the acquisition of Austrian proptech firm ImmoUnited....

Read More
People Roundup 28Mar 2
People Roundup: Aviv Group, Pisos.com, Kleinanzeigen, REA India, Anjuke

There have been several high profile C-suite moves in this week's People Roundup. We'll start in Europe...   Europe: Aviv...

Read More
Product Update 2025Mar28 3
Product and Services Roundup: Zoopla, ViewIt

This week's Product Roundup starts in the UK, where it's all about Zoopla...   UK: Zoopla's MyHome product is used...

Read More

Editor's Pick