Billing Better, the leading UK bills management company, has announced that it has acquired Homebox, a utilities comparison and switching service.
In Brief:
The two companies have been working closely together over the past few years
The acquisition of Homebox will see founder Hedley Smith assume the role of Chief Technology Officer for the newly formed group
The Homebox brand will be relaunched as a fresh offering in the market, and its current white-labelled utilities comparison service will be integrated into Billing Better's new bills management platform
What does this mean?
Jack Ray, founder of Billing Better, said, "We're thrilled to complete this acquisition and expand our offering to home movers. Homebox's free comparison tool is a great complement to our bills bundle product, providing home movers with the right balance of choice and convenience when setting up their home. Hedley's experience in PropTech and utilities makes him a valuable addition to our team, and we're excited to have the Homebox team join us on this journey."
