Arma Partners advises ZPG on the sale of Hometrack to Providence Equity Partners

Arma Partners is pleased to announce that it has acted as financial advisor to ZPG on the carve out and sale of Hometrack, a leading provider of residential real estate digital valuation and property risk data & analytics in the UK and Netherlands, by its shareholders, to Providence Equity Partners.

Under ZPG’s ownership, Hometrack has grown into a market-leading platform, and the transaction marks a natural evolution for ZPG as the group focuses on its distinct businesses, each performing strongly and well positioned for the opportunities ahead.

Hometrack’s data informs critical decision making for participants within the residential real estate asset class, including financial services, public and private property investors and insurers, with a particular focus on mortgage lending in the UK and Netherlands.  Hometrack provides the technology and data infrastructure that allows mortgage lenders to make underwriting decisions faster, more consistently and at scale. Hometrack currently services 16 of the Top 20 UK, and the Top 10 Dutch, mortgage lenders and is well positioned to benefit as lenders continue to adopt digital processes and meet the demand for technology-enabled mortgage solutions.

Providence Equity Partners – a specialist private equity firm with deep sector expertise in media, communications and education businesses across North America and Europe – shares Hometrack’s long-term vision for its next phase of growth as an independent company. Working alongside Hometrack’s management team, Providence will support continued investment in innovation, product development and customer service as the business builds on its market-leading position.

This transaction underscores Arma Partners’ position as a leading advisor to data & analytics companies, and its track record of successfully orchestrating complex, cross-border carve-out transactions.