Bionic acquires insurance aggregator BusinessComparison
On February 11, Bionic acquired Chester-based BusinessComparison .
Founded in 2015, BusinessComparison helps UK SMEs compare and switch a wide range of essential services, including energy, finance, banking, insurance, telecoms, and payment solutions.
“The acquisition of BusinessComparison cements Bionic’s position as the leading platform to help UK SMEs sort all their business essentials. Philip and the team have achieved a vast amount in a short time and their business is highly complementary to Bionic with our shared ambition to leverage technology, data, and human expertise to deliver a world-class customer experience.” – Bionic CEO, Paul Galligan.
BusinessComparison was founded in 2015 by Digitonomy Ltd under the leadership of Philip Brennan, who will continue to run the business and its team under the Bionic Group.
“We are all excited to join the Bionic Group and work alongside a team with the same ethos as ours – to make it radically easier for SMEs to sort their business essentials in one place, saving them time and money. This acquisition will provide us with the investment we require to allow us to accelerate and deliver the next phase of our growth.” – Philip Brennan.
Founded in 2007, Bionic is a 250-plus team operating in the same space as BusinessComparison by offering small businesses a service to compare and shop for utility, financial, and insurance products.