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Announced

Warburg Pincus to acquire Petplan.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private Equity

Majority

United States

Life Insurance

Private

Acquisition

Friendly

pet health insurance

Pending

Single Bidder

Synopsis

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Warburg Pincus agreed to acquire Petplan, a leading pet health insurance provider in North America. Financial terms were not disclosed. "This investment is a game changer for Petplan. It enables us to catapult the product innovation and customer experience that our company was founded upon and introduce the very best pet health insurance to millions of pet parents in North America," Paul Guyardo, CEO, Petplan.

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