Search results for:

Cazoo

With a SPAC merger, record Q2 numbers, and a seemingly unending round of acquisitions, it’s fair to say that it’s been a good year at UK-based car buying and selling platform Cazoo. With only 46 days remaining in the year, the company has decided it hasn’t had enough and
Recent SPAC lister and leading online car retailer Cazoo has acquired SMH Fleet Solutions for £70 million, effectively doubling its reconditioning, logistics & storage capabilities. Already having sold over 35,000 cars in the UK since its launch less than two years ago, Cazoo is making its intentions pretty clear,
Happy Friday! This week, our research team tracked more than 70 tech funding deals worth more than €1.3 billion, and 15 exits, M&A transactions, and rumours, and related news stories across Europe (including Russia, Israel, and Turkey). As always, we are putting all of them together for you in
UK online car retailer Cazoo is reporting a stellar second fiscal quarter, generating £141 million in revenues, a figure up 605% year-on-year. Gross profit per unit numbers were up from £143 in Q1 to £460 per unit in Q2, and an increase of 429% in the number of vehicles
Happy Friday! This week, our research team tracked more than 60 tech funding deals worth more than €1.4 billion, and about 10 exits, M&A transactions, and rumours, and related news stories across Europe, including Russia, Israel, and Turkey. As always, we are putting all of them together for you
Hello! Here’s what happened today in European Tech. Deals – Cazoo, the UK used-car sales portal that has been on a major fundraising tear in the last year, will list on the NYSE by way of a business combination with SPAC AJAX I; the deal values Cazoo at $7
UK-based Cazoo, the pre-loved car portal has raised an additional $1.6 billion in a SPAC merger with AJAX I. Providing the deal meets with the approval of shareholders of AJAX I, a special purpose acquisition company (SPAC) and Cazoo, the combined company will be named Cazoo (Really? You don’t