Bionic acquires BusinessComparison

We are delighted to announce the acquisition of BusinessComparison by the Bionic Group, subject to FCA approval.

BusinessComparison specialise in helping UK SME’s compare and switch a wide range of essential services, including energy, finance, banking, insurance, telecoms and payment solutions. They do this by leveraging their proprietary technology, website and significant digital marketing knowledge and experience to match SME’s to the most suitable product provider to meet their needs.

The acquisition of Business Comparison will be the fifth bolt on acquisition to Bionic Group since ECI invested in 2017.

BusinessComparison, based in Chester, 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.

“The acquisition of BusinessComparison cements Bionics’ position as the leading platform to help UK SME’s 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.”

Paul Galligan

CEO of Bionic

“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 SME’s to sort their business essentials. This acquisition will provide us with the investment we require to allow us to deliver the next phase of our growth.”

Philip Brennan

Bionic Group

“This acquisition will allow Bionic to help even more SMEs sort their business essentials. We are delighted to welcome BusinessComparison to the group and look forward to working with the combined business as they continue to grow organically and through M&A.”

Richard Chapman

Partner at ECI