Cazoo Limited agreed to acquire Drover Limited from group of shareholders on December 17, 2020. Transaction will combine Cazoo's platform & brand with Drover's subscription expertise & relationships. As a part of transaction, Drover's brand & platform will be integrated into Cazoo and team will remain with the business. Drover had grown to a team of over 100 employees across London, Lisbon, Paris and Bucharest. Drover Limited is authorized and regulated by the FCA to provide consumer credit services, including credit broking, and entering into regulated hire agreements. Drover Limited is also an appointed representative of Ambant Underwriting Services Limited (Ambant) which is authorized and regulated by the FCA for carrying on general insurance distribution.

Cazoo Limited completed the acquisition of Drover Limited from group of shareholders for £65.4 million on January 25, 2021. The acquisition balance sheet included £4 million of cash on balance sheet. Total consideration net of cash acquired was £61.4 million. Consideration was paid £21 million in cash, assuming and discharging debt of £4.5 million, via issuance of shares worth £33.4 million and issuance of warrants of £6.6 million.