Announced
Completed
Financials
Sources
Tags
Completed
Single Bidder
Friendly
Minority
Venture Capital
Private Equity
Private
Specialty Retailers
pet stores
Brazil
Cross Border
Acquisition
Synopsis
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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