Windsor Drake
Transaction · Embedded Finance · 2020

Societe Generale / Reezocar 2020

Societe Generale acquired Reezocar on December 14, 2020.

Target
Reezocar
Acquirer
Societe Generale
Announced
December 14, 2020
Sub-sector
Embedded Finance

Transaction overview

  • Societe Generale announced the acquisition of Reezocar on December 14, 2020.

Strategic rationale

Expands fintech portfolio and open banking strategy; enables financing and insurance offerings through integrated services to car purchasers.

Deal terms & multiples

Deal value
Not disclosed
Target revenue
Not disclosed
Target EBITDA
Not disclosed
EV / Revenue
Not disclosed
EV / EBITDA
Not disclosed
Announcement
December 14, 2020
Acquirer
Societe Generale (Strategic)
Sub-sector
Embedded Finance

Sources

  • crowdfundinsider.com /2020/12/170263-voitures-societe-generale-acquires-online-car-purchasing-platform-reezocar/

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