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Gagnier Communications represents AJAX I special purpose acquisition company that is combining with Cazoo, UK’s No. 1 online used car retailer.
The proforma enterprise valuation of the transaction is pegged at $8.1B.
The Financial Times noted that AJAX was founded by billionaire investor Dan Och and is backed by the co-founders of Instagram, Square and 23andMe.
Cazoo has launched an international push, aiming to digitally disrupt the $700B European used-car market.
The company projects 2021 revenues will approach the $1B mark, which represents a more than 300 percent growth in its second year of operation.
Cazoo has more than 1,800 staffers in the UK, Germany, France and Portugal.
Gagnier Communications’ Dan Gagnier and Jeff Mathews work the AJAX deal.
ICR provides investor support to Cazoo.
Edelman handles Viking Holdings, the river and ocean luxury cruise line that plans to raise $1B via an IPO priced in the $21 to $25 per share range.
Teneo is handling the initial public offering of CVC Capital Partners, one of Europe’s largest private equity firms with nearly $200B in assets under management.
Brunswick Group represents Endeavor Group Holdings as it agrees to go private via its acquisition by Silver Lake technology investment firm, which is handled by Edelman Smithfield.
Tod Donhauser, a nine-year veteran of Edelman, has joined H/Advisors Abernathy as managing director and head of its San Francisco office.
Intelligent Group Ltd, a Hong Kong-based financial PR firm, has priced its initial public offering of 1.9M shares at $4, which is the low end of the $4 to $5 range.
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