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New Deal


Announced

Completed

Apollocompleted the investment in in PetSmart.

Financials

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

Tags

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Specialty Retailers

Domestic

Minority

Single Bidder

United States

pet stores

Acquisition

Private

Private Equity

Friendly

Completed

Synopsis

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Apollo, an investor, completed the investment in PetSmart, an omnichannel pet retailer. Financial terms were not disclosed. “We are delighted to welcome Apollo as a strategic partner – affirming our growth and the strength of our associates’ commitment to doing anything for pets. The combined expertise of BC Partners and Apollo enables even greater value creation opportunities as we embark on the next stage of growth for the business. We are grateful for the continued support of BC Partners, who have been our trusted partner for over eight years and look forward to working with the team at Apollo who bring the highest levels of expertise and whose vision for PetSmart aligns with our own," J.K. Symancyk, PetSmart President and CEO.

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