Realized

Online trading platform for secondhand cars

Buyout

COTW is an BtB online car auction website. The company does not only facilitate the sale of the cars on their auction platform, but also offers an extensive after sales package including (i) the pick-up and logistics of the vehicles, (ii) facilitating the complete administrative settlement, (iii) the process of VAT returns, (iv) the handling of potential claims from buyers and (v) vehicle inspection. With their auction platform COTW facilitates the sale of used cars from different suppliers to professional car traders all over Europe.

Most cars are sourced through leasing companies, rental companies, fleet owners, dealer businesses, OEM’s and damaged car providers in Western European countries with main sourcing countries being Belgium and The Netherlands. The buyers are located all over Europe, with key markets being Central and Eastern Europe.

Sold to

KAR Auction Services in 2019

http://karauctionservices.com/

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Portfolio Management