Gocompare.com founder Hayley Parsons on £95m takeover deal
Price comparison website Gocompare.com, which is based in Newport, is being taken over by insurance company Esure in a deal worth £95m.
The company's founder and chief executive Hayley Parsons will stand down as part of the deal, which needs to be approved by regulators.
Ms Parsons started the business eight years ago. Gocompare will continue to be run from its current headquarters.
Esure already owns 50% of Gocompare after buying into the company in 2010.
The sale values Ms Parson's remaining 23% stake at almost £44m.
In her first television interview, she spoke to BBC Wales' business correspondent Brian Meechan about how she felt and why she felt the time was right to leave.
08 Dec 2014
- From the section Wales