Billionaire-backed Whizz buys Rocket Removals ahead of IPO

CLIENT: WHIZZ ON DEMAND HOME SERVICES

OUTLET: THE AUSTRALIAN

Whizz, the home services start-up backed by rich listers including Goldman Sachs Australia boss Simon Rothery, Tony Gandel, Alex Waislitz’s Thorney and former KPMG executive Jon Adgemis, has acquired Rocket Removals, ahead of a proposed IPO on the Australian Stock Exchange. Rocket Removals was an obvious acquisition for Whizz, according to its CEO Anthony Pettiona, who said that the move would instantly increase Whizz’s removalist marketplace by 300 per cent, giving it 150 removal companies on its books.

Whizz, the home services start-up backed by rich listers including Goldman Sachs Australia boss Simon Rothery, Tony Gandel, Alex Waislitz’s Thorney and former KPMG executive Jon Adgemis, has acquired Rocket Removals, ahead of a proposed IPO on the Australian Stock Exchange.

Rocket Removals was an obvious acquisition for Whizz, according to its CEO Anthony Pettiona, who said that the move would instantly increase Whizz’s removalist marketplace by 300 per cent, giving it 150 removal companies on its books.