Slipcase acquires rival UK content distributor you-Talk Insurance
Insurance content distributor Slipcase has acquired rival youTalk-Insurance.
The deal will see youTalk’s strategic assets and client base transfer to Slipcase. The youTalk platform and its operations will close at the end of August.
Terms and conditions of the deal have not been disclosed.
Slipcase CEO Alex Hearn, who founded the company in 2012, saw the acquisition as the natural next step for the platform.
“While our recent focus has been on international growth, seeing our audience more than triple in the past three years, the UK has always been a priority audience for our platform, and this takeover of youTalk-insurance’s assets represents just that,” he said.
YouTalk managing director and co-founder Paul Handleigh said the deal “represents the successful conclusion of a 14-year journey which has seen youTalk-insurance build a strong base in the UK.
“The Slipcase team is first-class, and in recent years the significant investment they have made in developing their own proprietary technology to become market-leading made our decision to sell to them an easy one to make,” he said.