Cazoo Acquires SMH Fleet Solutions from LDC

September 15, 2021

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.

Buyers
Cazoo
Targets
SMH Fleet Solutions
Sellers
LDC
Industry
Transportation
Location
Worcestershire, United Kingdom
Transaction Type
Buyout

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