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New Deal


Announced

Completed

Riverwood led a $150m funding round in Petlove.

Financials

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Transaction Value£108m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Completed

Single Bidder

Friendly

Minority

Venture Capital

Private Equity

Private

Specialty Retailers

pet stores

Brazil

Cross Border

Acquisition

Synopsis

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Riverwood led a $150m funding round in Petlove, a São Paulo-dependent digital platform for solutions and products and services for the pet sector, with participation from Tarpon, SoftBank, L Catterton, Porto Seguro and Monashees. The company will use the new capital in part to further expand its logistics network with the goal of accelerating its delivery capabilities. In particular, it plans to expand to other geographies its express delivery service, Petlove Já, which allows products to be delivered within four hours of an order being placed.

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