.
MergerLinks Header Logo

New Deal


Announced

Completed

L Catterton completed the investment in Petlove.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Single Bidder

Friendly

Minority

Completed

Private Equity

Acquisition

Specialty Retailers

pet stores

Brazil

Private

Synopsis

Edit

L Catterton, a private equity firm, completed the investment in Petlove, a Brazilian online pet shop. Financial terms were not disclosed. This partnership will strengthen Petlove's transformation and accelerate the company's technological advancement to drive offline to online consumption across Brazil. "We are pleased to welcome L Catterton, and believe their investment is a testament to the hard work of the entire Petlove team, especially during this time of heightened uncertainty. With extensive experience across the pet category, a successful track record of building leading e-commerce businesses, and a deep understanding of the Latin American consumer, L Catterton is a strong partner and will help us fuel Petlove's continued growth," Pedro Faria, Petlove Chairman.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US