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New Deal


Announced

Platinum Equity-backed Petmate completed the acquisition of Cosmic Pet from Guardian Capital 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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Private

Friendly

United States

Consumer Services: Other

Majority

Private Equity

Single Bidder

Domestic

pet products

Pending

Acquisition

Synopsis

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Platinum Equity-backed Petmate completed the acquisition of Cosmic Pet from Guardian Capital Partners. Financial terms were not disclosed. “With Guardian’s support, the Cosmic team achieved considerable growth across all key channels and product categories. The combination of the strategic partnership with Guardian and the leadership of our high-quality executive team has allowed us to develop into a scalable, high performing business serving the dynamic and growing pet products market," Tim Blurton, Cosmic CEO.

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