On the Record · Cazoo Group
Cazoo Group acquisitions, on the record
The businesses Cazoo Group bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Imperial Car Supermarkets LimitedWord for word“The consideration for the acquisition was £23.8 million comprising cash and stock.” 20-F for 2021 | acquisition | — | The consideration for the acquisition was £23.8 million comprising cash and stock. |
Drover LimitedWord for word“The consideration for the acquisition was £65.4 million, consisting of £21.0 million in cash, £4.5 million of debt assumed and discharged and £33.3 million through the issue of 3,137,822 Series D Shares of Cazoo (the “Series D Shares”).” 20-F for 2021 | acquisition | — | The consideration for the acquisition was £65.4 million, consisting of £21.0 million in cash, £4.5 million of debt assumed and discharged and £33.3 million through the issue of 3,137,822 Series D Shares of Cazoo (the “Series D Shares”). |
Smart Fleet Solutions LimitedWord for word“The consideration for the acquisition was £39.1 million, consisting of £29.1 million in cash,” 20-F for 2021 | acquisition | — | The consideration for the acquisition was £39.1 million, consisting of £29.1 million in cash, |
brumbrum S.p.A.Word for word“In January 2022, we acquired brumbrum, Italy’s leading digital car retailer and subscription platform, including its vehicle preparation center in Reggio Emilia, which has the potential to recondition over 15,000 cars annually.” 20-F for 2021 | acquisition | In January 2022 | — |
Cazana (UK Vehicle Limited)Word for word“We have enhanced our data team and capabilities with the acquisition of Cazana in the third quarter of 2021.” 20-F for 2021 | acquisition | in the third quarter of 2021 | — |
Swipcar 2017, S.L.Word for word“This expansion was achieved via our acquisitions of Drover (UK and France) and Cluno (Germany), completed in the first quarter of 2021, Swipcar (Spain) in the fourth quarter of 2021 and brumbrum (Italy) in January of 2022.” 20-F for 2021 | acquisition | in the fourth quarter of 2021 | — |
SMH Fleet Solutions LimitedWord for word“We acquired vehicle reconditioning businesses, Smart Fleet Solutions Limited in the first quarter of 2021 and SMH Fleet Solutions Limited in the third quarter of 2021, which allowed us to transition our vehicle reconditioning activities in the UK fully in house during 2021.” 20-F for 2021 | acquisition | in the third quarter of 2021 | — |
Cluno GmbHWord for word“This expansion was achieved via our acquisitions of Drover (UK and France) and Cluno (Germany), completed in the first quarter of 2021, Swipcar (Spain) in the fourth quarter of 2021 and brumbrum (Italy) in January of 2022.” 20-F for 2021 | acquisition | completed in the first quarter of 2021 | — |
Ajax I (merged with and into Listco, now Cazoo Group Ltd)Word for word“(c) on August 24, 2021, Ajax merged with and into Listco, with Listco continuing as the surviving entity (the “Merger” and, together with the other transactions contemplated by the foregoing, the “Reorganization”).” 20-F for 2021 | merger | on August 24, 2021 | — |
brumbrumWord for word“On January 26, 2022 we announced that we had agreed to acquire brumbrum, Italy’s leading digital car retailer and subscription platform, for €80 million in a mix of cash and Cazoo shares.” 20-F for 2022 | agreed acquisition | On January 26, 2022 | €80 million |
SwipcarWord for word“On December 15, 2022 we announced that we had sold our Spanish subscription business, Swipcar, to Renting Finders S.L.” 20-F for 2022 | divestiture | On December 15, 2022 | — |
Cluno GmbH and its two subsidiariesWord for word“In February 2021 we acquired Cluno GmbH and its two subsidiaries (“ Cluno ”), a German car subscription services company.” 20-F for 2022 | acquisition | In February 2021 | — |
CazanaWord for word“On February 22, 2023 we announced the sale of our third-party data platform, Cazana.” 20-F for 2022 | divestiture | On February 22, 2023 | — |
Read from Cazoo Group’s annual reports (20-F for 2022, 20-F for 2021, 20-F for 2021) and the financial data it files with the SEC, as of 2023-03-30. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.