Accountancy and advisory MHA MacIntyre Hudson will refer motor sector clients to Cazana’s products, in the latest win for the five-year-old car data company.
The accountancy’s customers will get access to Cazana’s present and future valuation tools, which are powered by an engine accruing transaction data in real time.
The referral partnership is aimed at dealerships and fleet managers. MHA MacIntyre Hudson’s recent work in the motor sector includes leading a campaign that resulted in HMRC agreeing to VAT exemption on dealer deposit contributions.
Steve Freeman, partner and national head of motor at MHA MacIntyre Hudson, said: “Cazana is a positive force in vehicle valuations and this is an exciting opportunity for MHA MacIntyre Hudson to bring innovative, game changing solutions to our clients and network.
“Cazana is backed by a proven leadership team and well-respected investors and advisers from across the motor sector, and its valuation tools have the capacity to produce significant gains for our clients.”
Tom Wood, chief executive at Cazana, added: “We’re very pleased to partner with MHA MacIntyre Hudson – we’ve been working together for a number of months to improve profitability and stock turn for their automotive retail clients with our award-winning vehicle pricing data.
“We both recognise the value of partnership in providing a best of breed combined insight and accounting solution to clients. We’re looking forward to working with more of the MHA MacIntyre Hudson client base over the coming years.”
Cazana – formerly UKVehicle.com – has expanded its footprint considerably over the last year, recruiting from the ranks of Glass’s, the RAC and cap hpi.
The company extended its partnerships to resellers in the USA this summer, and recently acquired CarandClassic.co.uk.
In a major win for Cazana, its data is now being used by the Financial Ombudsman Service (FOS), the dispute arm of the Financial Conduct Authority, as benchmarks for insurers’ valuations.