Transaction Capital CEO David Hurwitz on WeBuyCars acquisition

David Hurwitz, CEO of Transaction Capital gives his insights on the company's R1.8bn acquisition of WeBuyCars for a 49.9% stake in the business, valuing the business at close to R4bn. Value investor Piet Viljoen outlined his investment thesis at the BizNews investment conference, where he compared the lofty valuations of international peers to the deep value inherent in WeBuyCars. Learn more about your ad choices. Visit megaphone.fm/adchoices