Eversheds Sutherland advises Cofidis Group on its acquisition of Carizy, a digital marketplace dedicated to recent used vehicles, from Heycar group

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Eversheds Sutherland advises Cofidis Group on its acquisition of Carizy, a digital marketplace dedicated to recent used vehicles, from Heycar group

February 02, 2024

France
France
France
Founded in 2015, Carizy acts as an intermediary to simplify and secure the process of buying and selling recent used motor vehicles through its digital platform carizy.com. Carizy provides secure payment processes through vehicle inspections, sale management and administrative handling services to ensure each automobile transaction is safe.

This acquisition will enable Cofidis Group, specialising in online lending, to continue investing in the European automotive industry, specifically in the recent used car market, which is experiencing strong growth and major change.

Cofidis Group was advised by Eversheds Sutherland on the corporate / M&A aspects of the transaction: Jean-Robert Bousquet, Partner, Geoffroy Loncle de Forville, Counsel and Anaïs Fritzinger, Associate and on the commercial contracts aspects: Dan Roskis, Partner, Thomas Strange, Counsel and Julie Poivey, Associate.

Heycar Group was advised by Jeantet on the corporate / M&A aspects of the transaction: Karl Hepp de Sevelinges, Partner, Ruben Koslar, Counsel and Perrine Fuchs, Associate.

 
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jean-robertbousquet@eversheds-sutherland.com

Jean-Robert Bousquet

Partner

Paris, France

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