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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.
Collected Strategies handles media for Stillwater, OK-based USA Rare Earth as it acquires Brazil’s Serra Verde critical minerals miner and processor for $2.8B in cash and stock.
Gladstone Place Partners represents QXO Inc. as it agrees to buy TopBuild Corp., which relies on FTI Consulting, to create North America's second largest publicly traded building products distributor.
QVC Group is using Joele Frank for strategic communications as the TV home shopping pioneer declares Chapter 11.
Publicis Groupe reported 4.5 percent Q1 organic growth in net revenues to $4.1B despite the volatile macro environment.
PondelWilkinson, the Los Angeles-based IR and strategic communications shop, has expanded to the East Coast by adding Anreder & Company veterans following the retirement of principal Steven Anreder.
