Global law firm White & Case LLP has advised carwow on its acquisition of Wizzle.
"Our team helped to navigate this important strategic investment, which will enable carwow to offer a full service car buying and selling platform," said White & Case partner Dan Turgel, who led the Firm's deal team. "Our role advising on this deal highlights White & Case's expertise in delivering transactions for fast growing technology companies."
carwow connects more online car buyers with more dealers and Original Equipment Manufacturers than any other online marketplace and is the brand of choice for over 12 million users who want to research, configure and find their perfect new car online.
Founded by Sébastien Duval, Wizzle is an online platform where consumers list their current car, compare offers from dealers who wish to buy it and sell directly to their chosen dealer.
John Veichmanis, Chief Operating Officer at carwow, said: "The acquisition of Wizzle is of massive significance for carwow as we build the most exciting marketplace business in the automotive industry. With this acquisition we can offer more value and even better experiences for consumers, dealers and manufacturers alike. The hard work and advice from the White & Case team throughout the acquisition was integral to its swift and successful completion."
The White & Case team in London which advised on the transaction was led by partner Dan Turgel and associate Helen Pantelides, with support from partners Helen Joseph, Tim Hickman and Jonathan Rogers and associates Victoria Burton, Marcus Collins, Kristen DiLemmo and Benita Tibb.
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