Cazoo to Acquire Vans365 to Launch Online Commercial Vehicle Sales
October 18, 2021
Cazoo (NYSE: CZOO) announced it has agreed to acquire UK online commercial vehicle retailer Vans365 as it expands its online offering into commercial vehicles. The cash deal is for £6.5 million and is subject to FCA approval, expected in the coming weeks.
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Copart to Acquire ACV Auctions
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Copart agreed to acquire ACV Auctions for $10.50 per share in cash, valuing ACV at approximately $1.9 billion. The transaction combines Copart’s global vehicle-auction network and physical infrastructure with ACV’s digital dealer-to-dealer marketplace, vehicle data, and inspection technology; the tender offer and merger remained subject to closing conditions in the latest supplied update.
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Aramis Group Acquires Cazoo Trading Italy (rebranded brumbrum)
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Aramis Group SA has acquired 100% of Cazoo Trading Italy S.p.A. (to be rebranded brumbrum) from Cazoo Group Ltd/Cazoo Holdings Limited. The business sells ~1,600 used vehicles B2C annually with ~€30 million in revenues and will be integrated into Aramis Group to provide Aramis with immediate entry into the Italian market.
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Vitruvian Partners Acquires AnyVan Group
January 27, 2022
Logistics & Distribution
Vitruvian Partners, a European private equity firm, acquired a majority stake in AnyVan Group — an online marketplace for removals and freight transportation — with Mayer Brown advising Vitruvian. The investment (reported at approximately £125 million) provides growth capital to support AnyVan’s expansion into the business-to-business market and further develop its logistics marketplace platform.
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Cazoo Acquires SMH Fleet Solutions from LDC
September 15, 2021
Transportation
Online car retailer Cazoo has acquired SMH Fleet Solutions from private equity investor LDC in a deal valuing SMH at approximately £70 million. The acquisition expands Cazoo's vehicle reconditioning and storage capacity in the UK and adds SMH's vehicle preparation, logistics teams and digital wholesale platform to Cazoo's operations.
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Cazoo Acquires Cazana
September 2, 2021
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Cazoo has acquired Cazana, a London‑based automotive data insights platform, for approximately £25 million in cash. The deal brings Cazana's team of ~50 data scientists and an extensive dataset (500+ million historic vehicle transactions across 40+ countries) into Cazoo to strengthen pricing, valuation and stock management capabilities as Cazoo expands across the UK and Europe.
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Amazon Acquires Zoox
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Amazon has signed an agreement to acquire Zoox, a California-based developer of purpose-built autonomous ride-hailing vehicles and end-to-end autonomy software. Zoox will remain a standalone business led by CEO Aicha Evans and CTO Jesse Levinson as Amazon aims to accelerate the development and commercialization of safe, zero-emissions autonomous mobility.
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