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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