Freshfields advises Cazoo on its latest funding round of £240m
Freshfields Bruckhaus Deringer LLP (‘Freshfields’) has advised Cazoo on its recent £240m funding round, taking the total funding in the two years since Cazoo was founded to a record-setting £450m, as it continues to transform the way people buy used cars in the UK.
Cazoo was founded by Alex Chesterman, whose previous industry-changing ventures include both Zoopla and LoveFilm. Cazoo’s latest backers are some of the world’s most respected investors led by General Catalyst, D1 Capital Partners and funds managed by Fidelity Management & Research Company and Blackrock alongside other new and existing investors including L Catterton, Durable Capital Partners, The Spruce House Partnership, Novator, Mubadala Capital and dmg ventures, amongst others.
The Freshfields team that worked closely with Cazoo general counsel Ned Staple to advise on this transaction was led by Natasha Good, Ziyad Nassif and Henry Chau.
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