Announced
Completed
Synopsis
A&M Capital, a London-based, operationally-focused European middle-market private equity firm, completed the acquisition of Pet Network International, an omni channel pet care platform, from Rohatyn Group, a global, US-based asset management firm with expertise in emerging markets and real assets. Financial terms were not disclosed. "TRG’s acquisition three years ago was an important milestone that helped us achieve rapid growth, add-on acquisitions, many new store openings, online expansion, an expanded own brands portfolio and countless other initiatives. Navigating through a global pandemic over the past year, we also expanded our operations to a new exciting market, Bulgaria. We are all proud of Pet Network's teams achievements, which were strongly backed up with TRG's support and guidance. While we will be sad to say goodbye to our colleagues at TRG, we are also excited to start the next chapter in the company’s development in partnership with AMCE, who like TRG share our vision for the company’s future growth," Ljiljana Markov Medugorac, Pet Network International CEO.
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