Gocompare.com Group plc (LSE:GOCO) reached an agreement to acquire The Global Voucher Group Limited from Monitise plc for £36.5 million on a cash free and debt free basis on November 28, 2017. The acquisition will be financed through a combination of existing cash resources and an extension to GoCompare's existing credit facilities. MyVoucherCodes’ existing management team will continue to lead the MyVoucherCodes business. MyVoucherCodes.co.uk reported profit before tax of £5.5 million and gross assets of £9.8 million for the year ended June 30, 2017. The acquisition is subject to customary closing conditions and is expected to complete in January, 2018. The acquisition is expected to be earnings accretive in 2018 on an underlying basis. Colin Bole, Tim Wass, Haya Aftab, Nick Cronkshaw, Zoë Arnautov, Alistair Hill, Toby Hewitt, Angus McLean, Jack Simmons, Lawrence Brown, Gurdip Khatra, Deian Rhys, Kelly Brown, Owain Morgan, Anna Shelley, Louisa Rogers, Ed Smith, Tair Hussain, Laura Lipton, Peter Broadhurst and Shachi Nathdwararala of Simmons & Simmons acted as the legal advisors for GoCompare. Gocompare.com Group plc (LSE:GOCO) completed the acquisition of The Global Voucher Group Limited from Monitise plc on January 10, 2018.