Announced
Synopsis
Cazoo, a provider of used cars buying and refurbishing services, agreed to acquire Cazana, an automotive fintech providing vehicle data, valuations and audiences for the future of mobility. Financial terms were not disclosed. “Cazana has built one of the leading data insights platforms, providing tools which are used by manufacturers, lenders, fleet owners and insurers in the automotive space. This acquisition will enhance our data team and capabilities and enable us to further optimise our buying and pricing of vehicles across the UK and Europe. I am looking forward to welcoming the Cazana team to Cazoo as we continue our mission to deliver the best car buying and selling experience to consumers across Europe,” Alex Chesterman, Cazoo Founder and CEO.
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