ArcanoBlueBull advises Swipcar on its sale to Cazoo

About the transaction

ArcanoBlueBull, the Tech M&A division of Arcano Partners, acts as exclusive financial advisor to the shareholders of Swipcar on its sale to Cazoo (NYSE:CZOO). The combination will enhance Swipcar’s position on its core markets while accelerating Cazoo’s expansion, launching Spain and Italy.

Swipcar, based in Spain and with growing presence in Italy and Portugal is the leading Spanish digital car subscription marketplace. Offers a car lease solution that contributes to the digitalization of the automotive sector. An online car platform that enables individuals and companies to easily lease a car with a flexible plan of mileages & time.

Cazoo, based in the UK, is an online new and used cars platform designed to transform the car buying and selling experience across Europe.

About Swipcar

2018

Incorporation date

+€200m

GMV accum.

+90

Employees

The automotive market is moving towards a strong digitalization where subscription models are gaining importance.

Founded in 2018, Swipcar has transformed the online subscription car market by creating extensive network of vehicle fleets and making the process easy and accessible to end customers.

The company offers a wide range of vehicles (from several providers) through their webpage, in Spain, Italy and Portugal, with a worry-free services already included in the monthly installment (maintenance, insurance, etc.).

About Cazoo

2018

Incorporation date

72h

Avg. Buy/sell process duration

+40,000

Cars sold

Cazoo (NYSE: CZOO), the European leader in online car sales that has made buying and selling a car as simple as ordering any other product online, today announced the acquisition of Swipcar, the leading marketplace for car subscription in Spain.

Cazoo is one of the fastest growing companies in Europe. It is leading the transition to online car buying and selling and has become one of the leading car subscription platforms in Europe.

Since the start of its operations less than 2 years ago, it has sold more than 40,000 cars.

“Joining forces with ArcanoBlueBull has been key for the successful execution of this transaction.”

Julio Ribes, Founder & CEO

Alex Chesterman, Founder & CEO

180+

Professionals

Founded in 2003, it is a leading firm in investment management and financial advisory, and has offices in Madrid, Barcelona, Valencia and New York, backed up by a team of more than 180 professionals.

140+

Transactions

Within ARCANO, the Investment Banking department has more than 70 professionals in Spain and has successfully closed over 140 transactions since 2016.

More information

Joaquín Duran – Founding Partner

jduran@arcanopartners.com

Jose María Herranz – VicePresident

jhernanz@arcanobluebull.com

Luis Patiño – Associate

lpatino@arcanobluebull.com
+34 913 532 140 www.arcanobluebull.com www.arcanopartners.com

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