Announced
Financials
Sources
Tags
Pending
Majority
Online and Social Platforms
sale platform
Friendly
Domestic
Acquisition
Private
United Kingdom
Single Bidder
Synopsis
carwow, a UK-based platform for buying new and used cars from franchised dealers, agreed to acquire Wizzle, a used car buying platform. Financial terms were not disclosed. “Our partners have told us that they want better direct access to high quality used car inventory and this acquisition will allow us to do just that quickly. Wizzle is already powering over 1,500 vehicle sales per month, which we’re aiming to grow exponentially by integrating the service into the main carwow platform. We’re super excited about the Wizzle team joining the carwow family and look forward to rolling the service out in the UK and then Germany and Spain," James Hind, carwow CEO.
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.