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New Deal


Announced

Completed

Apax Partners completed the acquisition of Nulo from CAVU Venture Partners and Main Post Partners.

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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Acquisition

Private Equity

Single Bidder

Cross Border

Friendly

Food Products

manufacturing

pet food

United States

Private

Majority

Completed

Synopsis

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Apax Partners, a private equity firm, completed the acquisition Nulo, a high-growth pet food brand, from CAVU Venture Partners and Main Post Partners. Financial terms were not disclosed. "We’re excited to partner with the Apax Funds, who have the experience and know-how to help us in our next phase of growth. Since its retail launch in 2011, Nulo has rapidly grown into one of the most authentic and differentiated consumer brands in the premium pet food space. With the support of the Apax Funds, we believe we can achieve our ambitious growth plans, offering our innovative food products to more pet-parents, in more locations around the world," Michael Landa, Nulo CEO.

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