Hometrack acquired by PROVIDENCE EQUITY PARTNERS

The acquisition of Hometrack by Providence Equity Partners centres on building a scaled pan-European residential property data and analytics platform. The transaction perimeter encompasses Hometrack's UK operations alongside its Dutch subsidiary Calcasa. At the time of the transaction, the business served 16 of the top 20 UK mortgage lenders and all of the top 14 mortgage lenders in the Netherlands, generating an estimated combined FY2025 revenue of approximately (45% from Hometrack and 55% from Calcasa) with an estimated EBITDA margin of 45.0%. This divestiture represents a portfolio simplification for ZPG, a holding company backed by Silver Lake, marking the first major asset sale since its May 2018 take-private transaction. Chief Executive Officer Charlie Bryant continues to lead the business alongside the existing management team under Providence's ownership, focusing on expanding software capabilities, integrating climate risk metrics, and pursuing international growth across European markets. Providence was advised on the transaction by Deutsche Bank and Rothschild & Co as financial advisers, with White & Case LLP serving as legal counsel. ZPG and Hometrack were advised by Arma Partners and J.P. Morgan on financial matters, with Freshfields providing legal advisory services.