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New Deal


Announced

Completed

Northern Star Acquisition completed the merger with Barkbox in a $1.6bn deal.

Financials

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Transaction Value£1,198m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales9x
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Domestic

Friendly

Majority

Reverse Takeover

E-commerce

Merger

United States

Private

Single Bidder

dog products

dog services

De-SPAC

Private Equity

Completed

Synopsis

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Northern Star Acquisition, a special purpose acquisition company, completed the merger with Barkbox, a global omni-channel brand for dogs, in a $1.6bn deal. "It is a special day for BARK and our passionate employees as we enter the public markets and continue to deliver on our mission of making all dogs happy through the best products, services and content. The closing of our merger with Northern Star provides us with the platform to bring our renowned BarkBox and Super Chewer toy and treat subscription lines to even more customers, while scaling our newer, high-potential BARK Eats, BARK Bright, and BARK Home initiatives. By building deep, personalized relationships with dogs and their parents, we believe BARK will continue to gain meaningful market share and grow to be synonymous with all things dogs worldwide," Manish Joneja, Barkbox CEO.

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