Main content

Freshfields advises Cazoo on its acquisition of Smart Fleet Solutions

Freshfields Bruckhaus Deringer ('Freshfields') has advised Cazoo, the UK’s leading online car retailer, on its acquisition of Smart Fleet Solutions (SFS), one of the UK’s leading independent vehicle reconditioning and storage specialists.

SFS has a team of over 500 staff operating from four state-of-the-art vehicle refurbishment facilities across 110 acres in Nottinghamshire, Staffordshire, Wiltshire and Scotland, processing over 100,000 vehicles annually with storage for more than 20,000 vehicles.

The combination of Cazoo’s world-class consumer platform and brand with SFS’s market-leading infrastructure and expertise will provide both businesses the ability to further scale their national reconditioning and storage capabilities in line with their significant growth plans.

This deal follows the recent acquisition by Cazoo of Drover, the UK’s leading car subscription platform which will enable Cazoo to offer its customers the option of purchasing, financing or subscribing to the cars on its website.

The Freshfields team worked closely with Cazoo General Counsel Ned Staple on this transaction.

ENDS

About Freshfields Bruckhaus Deringer LLP


Freshfields Bruckhaus Deringer LLP is a global elite law firm with a long-standing track record of successfully supporting the world's leading national and multinational corporations, financial institutions and governments on groundbreaking and business-critical mandates. Our 2,800-plus lawyers deliver results worldwide through our own offices and alongside leading local firms. Our commitment, local and multinational expertise, and business know-how means our clients rely on us when it matters most.

Freshfields is the only firm ranked by Chambers Global in Band 1 across the seven areas of antitrust, corporate/M&A, dispute resolution, international arbitration, tax, employee benefits, and public international law.

The Freshfields team was led by: