GoCo Group plc (LSE:GOCO) acquired Look After My Bills Ltd from Will Hodson, Henry De Zoete, Tej Lalvani and Jenny Campbell for £12.5 million on July 25, 2019. As part of the consideration, GoCo Group plc willl pay £6 million upfront, plus £2.5 million deferred consideration, plus up to a further £4 million performance based earn-out. Tej Lalvani and Jenny Campbell will share £0.26 million from the consideration and if Look After My Bills Ltd hits financial targets its owners could get another £4 million, so in total Tej Lalvani and Jenny Campbell may be handed £0.38 million. The £6 million upfront payment will be financed through the existing resources of GoCo Group plc. Post-acquisition, Look After My Bills Ltd will continue to operate as a standalone business. As part of the transaction, 36 staff members of Look After My Bills Ltd will join GoCo Group plc. Look After My Bills Ltd will continue to be based in London. Sequence Advisers LLP acted as financial advisor to Look After My Bills Ltd. Colin Bole, Nick Cronkshaw, Lawrence Brown and Peter Broadhurst of Simmons & Simmons acted as legal advisors for GoCo group. Dorsey & Whitney LLP acted as legal advisor to GoCo Group plc. GoCo Group plc (LSE:GOCO) completed the acquisition of Look After My Bills Ltd from Will Hodson, Henry De Zoete, Tej Lalvani and Jenny Campbell on July 25, 2019.