The Freshfields New York and London offices are leading in the representation of Cazoo in the sale of the company to a US SPAC at a purchase price that reflects an $8.1 billion equity value ($7 billion enterprise value) and includes a PIPE commitment for $800 million from some of the leading institutional investors in the US. Upon the closing of the transaction, Cazoo will be listed on the NYSE.

The transaction was announced this morning and is described here.

The Freshfields team is led by partners Valerie Ford Jacob and Sebastian Fain in New York, and partner Natasha Good in London.

The Freshfields New York team also consists of:

Jeremy Barr – counsel, Corporate Elizabeth Bieber – counsel, Corporate Olaf Ehlers – senior associate, Corporate Briony Driscoll – associate, Corporate Max Neumann – associate, Corporate Mark Tan –  associate, Corporate Stephen Wilkinson – associate, Corporate Robert Scarborough – partner, Tax David Mitchell – senior associate, Tax Lori Goodman – partner, Employee benefits and executive compensation Olivia Radin – partner, White-collar and global investigations

The Freshfields London team also consists of:

Mark Austin – partner, Corporate Kate Cooper – partner, Corporate James Smethurst – partner, Corporate Piusha Bose – counsel, Corporate Tom Bloxsome – associate, Corporate Henry Chau – associate, Corporate Tochie Israel-Bolarinwa – associate, Corporate Giles Pratt – partner, Intellectual property Michael Evans – senior associate, Intellectual property Peter Clements – partner, Tax Laura McDaniel – associate, Tax Alice Greenwell  – partner, Employee benefits and executive compensation Guy Huffen – associate, Employee benefits and executive compensation Tom Rhodes – associate, Regulatory

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

ENDS

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