Commenting on the acquisition, Michael Bruce, Global CEO of Purplebricks, said:
“Following the successful strategic investment of £125m in Purplebricks by Axel Springer we are pleased to have made this acquisition of what is the leading digital real estate business in Canada. We are excited to help them build upon the substantial market share they have achieved in Quebec and started to build in other parts of Canada.”
Purplebricks Group plc (LON: PURP) confirmed that the acquisition of Duproprio/ComFree completed on 6 July.