Announced
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.
Principals
Show Details & Financials
Did you work on this deal?
Showcase your expertise to over 3 million dealmakers and industry leaders on Datasite.
By continuing, you agree to our Terms & Conditions and our Data Privacy Policy
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.