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Announced

Petmate completed the acquisition of Pet Qwerks.

Financials

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

Sources

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Tags

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pet products

pet toys

Toys

Completed

Private Equity

Friendly

Single Bidder

Majority

United States

Acquisition

Private

Synopsis

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Petmate, a pet supply manufacturer, completed the acquisition of Pet Qwerks, a pet toys manufacturer. Financial terms were not disclosed. "Petmate has always been focused on helping to build the bonds between pets and their families with quality products to help enhance their well-being. We are excited Pet Qwerks will be joining the Petmate portfolio, as their combined strength in the chew and interactive categories is complementary to our commitment to providing quality innovative products to pets and pet parents,” Alice Tillett, Petmate CEO.

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