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Towergate snaps up niche comparison site

Touring caravan

Towergate Insurance has acquired caravanquoter.co.uk, a caravan and motorhome insurance comparison site.

Commenting on this deal, Michael Rea, CEO, retail said: “Our success in the caravan and motorhome market makes caravanquoter an ideal acquisition for us. Caravanquoter is a respected brand and a welcome addition to the Towergate online portfolio.

“We have a very clear strategy of growing our niche retail businesses and continue to increase our presence online."

He concluded: "Caravans and motorhomes continue to show good growth potential within the leisure sector and the acquisition of

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