.
MergerLinks Header Logo

New Deal


Announced

PetMeds to acquire PetCareRx.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Food Products

Pending

United States

Friendly

Single Bidder

Acquisition

pet food

Domestic

Private

Majority

Synopsis

Edit

PetMeds, a company delivers pet medications, products, and health services direct to the consumer at PetMeds.com, agreed to acquire PetCareRx, a supplier of pet medications, food, and supplies. Financial terms were not disclosed. “We believe this acquisition will not only be highly beneficial to our customers but will also drive significant shareholder value over the long-term. Together, PetMeds and PetCareRx will provide a much expanded product offering and accelerated growth by capturing a larger share of customer wallet through increased basket size and order frequency within the booming $120bn annual sales US pet care market. Pet parents will benefit from expanded choice in both prescription and non-prescription medicines, and thousands of incremental products, including premium and prescription food, treats, and supplements,” Matt Hulett, PetMeds CEO and President.

Search a database of more than 250,000 verified dealmakers

Receive automated updates on global transactions

Follow the activity, relationships and transactions of top dealmakers

No credit card required

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US