BGL Group Revenue, Valuation, Funding & Investors

BGL Group is valued at $2.4B as of November 2017, a 3.0x multiple on its last reported $778M revenue.

Last BGL Group valuation

$2.4B

Undisclosed stage · Nov 2017

Last BGL Group funding round

$710M

Undisclosed stage · Nov 2017

BGL Group revenue

$778M

Undisclosed stage · Nov 2017

Key investors in BGL Group

  • CPP Investments

BGL Group Overview

About BGL Group

BGL Group is a Peterborough-headquartered distributor of insurance products in the United Kingdom with offices in Sunderland, York, Wakefield, and Paris. It underwrites motor and home policies under the Junction brand while operating comparison sites comparethemarket.com in the UK and LeFuret.com in France. Partnerships supply branded insurance through M&S Bank, RAC, Post Office, HSBC, Lloyds Bank, Halifax, and Santander channels. Budget Group of Companies transformed into BGL Group Limited in 2007.


Founded

1991

HQ

United KingdomPeterborough

Status

Privately held

Customer focus

B2C

Revenue model

Advertising, Commission

Revenue

$778M (Nov 2017)

Valuation

$2.4B (Nov 2017)

BGL Group Valuation

BGL Group is currently valued at $2.4B, based on its undisclosed-stage round in November 2017.

The $710M round was led by CPP Investments.

BGL Group valuation by funding round

BGL Group valuation by funding round
DateStageValuationRevenue Multiple
Nov 2017Undisclosed stage$2.4B3.0x

BGL Group Revenue

BGL Group's latest recorded revenue is $778M, as of its undisclosed-stage round in November 2017. At a $2.4B valuation, that implies a 3.0x revenue multiple.

BGL Group revenue by funding round

BGL Group revenue and valuation multiple by funding round
DateRevenue *ValuationRevenue MultipleStage
Nov 2017$778M$2.4B3.0xUndisclosed stage

* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.

BGL Group Funding History

BGL Group has raised a total of $710M across 1 funding round.

BGL Group funding rounds

BGL Group funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Nov 2017Undisclosed stageCPP Investments (lead)$710M$2.4BBGL Group is a leading digital distributor of insurance and household financial services, owning brands such as comparethemarket.com, LesFurets.com, and BeagleStreet.com. In November 2017, Canada Pension Plan Investment Board (CPPIB) signed an agreement to invest approximately £675 million for a 30% stake in BGL Group, implying a post-money valuation of £2.25 billion. The transaction was expected to close by end of April 2018, with BHL retaining majority ownership; CPPIB to nominate a board director, and BGL shelved IPO plans. For the year ending June 30, 2017, BGL reported underlying revenue of £585 million (14% growth) and underlying profit before tax of £126 million (19% growth), with over 8.5 million customers. The business continued similar growth into the current financial year per the announcement. Some sources cite slightly varying investment amounts (e.g., ~£525M in 2018 report), but primary press release confirms c.£675M.

Who has invested in BGL Group?

1 investor has backed BGL Group across its funding rounds, including CPP Investments.

Lead investors include CPP Investments.


BGL Group Investors

Investors in BGL Group by funding rounds participated
InvestorHQRoundsRoleFirst check

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Acquisitions by BGL Group

BGL Group has acquired 1 company to date.

Last acquisition by BGL Group was on October 26th 2018. BGL Group acquired Bean for undisclosed valuation.


Latest Acquisitions by BGL Group

Bean
Description
Bean is a personal finance application helping users track expenses and manage subscriptions. Available on iOS and Android, it scans bank transactions to identify recurring payments and facilitates one-click cancellations directly from the dashboard. Headquartered in London, Bean serves over 100,000 users in Europe, integrating with banks via open banking APIs for real-time categorization and budgeting insights.
HQ CountryUnited Kingdom
HQ City
London
Deal Date26 Oct 2018
Valuationundisclosed
EV/Revenue
EV/EBITDA

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BGL Group Competitors

BGL Group competitors include listed companies like Autohome, Ziff Davis, Rasan and Kakaku.com, and private ones like Healthcare.com and InsuranceDekho.

Public and private companies comparable to BGL Group
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
AutohomeChinaChinaPublicly listed$962M$171M$2.5B0.0x
Ziff DavisUnited StatesUnited StatesPublicly listed$1.5B$335M$2B1.0x
RasanSaudi ArabiaSaudi ArabiaPublicly listed$174M$73M$3B11.0x
Kakaku.comJapanJapanPublicly listed$605M$175M$4.8B7.0x
Healthcare.comUnited StatesMiami, FLPrivate--$1B-
InsuranceDekhoIndiaHaryanaPrivate$138M-$775M5.6x

BGL Group Public Comps

BGL Group is still privately-owned, but its public comps include Trump Media & Technology Group, Autohome, AUB Group, TX Group, Ziff Davis, Xinhuanet, People, Grupo Profuturo, People.cn and Sanoma.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Trump Media & Technology Group$4M($723M)673.6x-(3.4x)-
Autohome$962M$171M0.0x0.0x0.0x0.0x
AUB Group$776M$239M3.6x2.4x11.6x6.9x
TX Group$1.1B$310M2.1x2.1x7.2x8.1x
Ziff Davis$1.5B$335M0.9x1.0x3.8x3.3x
Xinhuanet$333M$66M4.9x5.0x24.8x26.9x
People$2.4B$122M1.3x1.6x25.4x11.3x
Grupo Profuturo$2.1B$387M0.9x-5.2x-

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Common questions about BGL Group

When was BGL Group founded?BGL Group was founded in 1991.
Where is BGL Group headquartered?BGL Group is headquartered in Peterborough, United Kingdom.
Is BGL Group publicly listed?No, BGL Group is a private, VC-backed company.
What is BGL Group's valuation?BGL Group was last valued at $2.4B in its undisclosed-stage round in November 2017.
How much funding has BGL Group raised?BGL Group has raised $710M across 1 funding round.
What was BGL Group's last funding round?BGL Group's last funding round was a $710M undisclosed-stage round in November 2017, led by CPP Investments.
Who are BGL Group's investors?BGL Group's investors include CPP Investments.
What is BGL Group's revenue?BGL Group's latest recorded revenue is $778M (November 2017).
What is BGL Group's revenue multiple?BGL Group's latest valuation implies a 3.0x revenue multiple ($2.4B valuation on $778M of revenue).
Which companies are comparable to BGL Group?Companies comparable to BGL Group include Autohome, Ziff Davis, Rasan, Kakaku.com, Healthcare.com and InsuranceDekho.
How many companies has BGL Group acquired?BGL Group has acquired 1 company, including Bean.

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