Yellow Pages says it’s acquiring a digital real estate marketplace called the ComFree/DuProprio Network for $50 million.
The Montreal-based publisher of phone and advertising directories says ComFree/DuProprio will complement its other businesses.
It says CFDP had more than $40 million in revenue in 2014, and has grown about 20% annually over the past three years.
The seller is Square Victoria Digital Properties, a subsidiary of Power Corporation of Canada that also has investments in companies such as the Workopolis job website and Olive Media, a digital advertising sales representative.
