HomeAdvisor Acquires Leading Dutch Home Improvement Platform Werkspot.nl

HomeAdvisor Acquires Leading Dutch Home Improvement Platform Werkspot.nl

HomeAdvisor, announced today the acquisition of Werkspot.nl, the Netherlands'
leading online platform connecting homeowners with qualified craftsmen.

GOLDEN, Col., April 8, 2013 (GLOBE NEWSWIRE) -- via PRWEB - HomeAdvisor,
announced today the acquisition of Werkspot.nl, the Netherlands' leading
online platform connecting homeowners with qualified craftsmen. HomeAdvisor is
a U.S.-based company that connects homeowners with pre-screened and
customer-rated service professionals and provides a suite of comprehensive
tools, products and resources to help with home improvement, maintenance and
repair needs. In addition to the Netherlands, HomeAdvisor's international
operations include Canada, France, the UK and Germany.

Founded in 2006, Werkspot.nl is the leading consumer brand in the Netherlands
for home improvement, repair and maintenance needs. The company connects
homeowners with a network of over 8,000 screened and qualified craftsmen who
pay an annual subscription for the service. Werkspot.nl was owned by founders
and DTG.

"Werkspot.nl has developed a leading consumer brand in the Netherlands by
offering a great product and successfully promoting the service through
traditional brand marketing," said Craig Smith, CEO of HomeAdvisor
International. "We are building a leadership position in Europe and believe
that the Werkspot.nl model and their leadership in the Netherlands will help
accelerate our international growth."

"Although the construction industry is hit heavily by the recession,
Werkspot.nl has grown by 250% over the last three years. More homeowners and
craftsmen are discovering the power of Werkspot.nl every day. The acquisition
of Werkspot.nl by HomeAdvisor brings a strong backing to the already
well-positioned company in the Netherlands." said Ronald Egas, CEO of
Werkspot.nl who will report to Simon Greenman, CEO of HomeAdvisor Europe.

Erik Hoekstra, CEO DTG: "We believe that Service Magic will help Werkspot.nl
to grow even faster. HomeAdvisor is a real specialist in the area of home
improvement and Werkspot.nl will benefit from their knowledge and network in
this market. For DTG this divestiture means that we can focus even more on
becoming the online marketing services provider for SME's in The Netherlands
with our listings, web presence and web performance products."

Joost Gielen, founder of Werkspot.nl: "We built Werkspot.nl into the market
leader in home improvement Request-For-Proposal. The acquisition of
Werkspot.nl by HomeAdvisor, makes me very proud. It is a great compliment to
the team that has been working with enthusiasm and dedication to make
Werkspot.nl the success it is now. The acquisition by HomeAdvisor ensures an
even better future for Werkspot.nl, which was, for me, a precondition for
selling the company."

About HomeAdvisor

HomeAdvisor is a leading website and mobile app provider offering resources
for home repair and improvement projects. HomeAdvisor's patented ProFinder
technology matches homeowner projects to the nation's largest network of over
80,000 pre-screened, customer-reviewed home improvement professionals.
Homeowners can make informed home project decisions using resources including:
Pro Reviews, featuring reviews from homeowners who have actually been
connected with the service professionals they review; Cost Guide, providing
average costs for projects coast-to-coast; Home911, offering dedicated 24/7
emergency home repair support; as well as robust home tips and project
planning tools. Access to all of the site's features is free for homeowners,
with no membership or fees required. HomeAdvisor is based in Golden, CO, and
is a subsidiary of IAC (NASDAQ: IACI).

About DTG

DTG is a local search and marketing services company that operates in the
Dutch market. The company services 140.000 local SME's with a variety of
print, online and mobile listings, web presence and web performance products.
The company is based in Amsterdam and has 550 employees.

This article was originally distributed on PRWeb. For the original version
including any supplementary images or video, visit
http://www.prweb.com/releases/2013/4/prweb10607708.htm

CONTACT: HomeAdvisor
         Brooke Gabbert
         BGabbert@HomeAdvisor.com
         303-963-8173
 
Press spacebar to pause and continue. Press esc to stop.