Pet supply retailer PetSmart Inc succumbed to calls from some shareholders for a sale on Sunday with an agreement to be bought by a private equity consortium led by BC Partners Ltd for $8.7 billion, in the largest leveraged buyout of the year.
Pets
Jiminy's Provides a Nutrient-Rich, Environmentally Friendly Pet Food Option
For some, like the bat-eared fox, insects are their primary food—they are referred to as insectivorous. Insect protein provides essential nutrients and benefits that can be effectively included in pet food. Based on this concept, Jiminy's incorporates insect proteins into dog food and treats.
Unleashing the Future of Pet Nutrition: How Side by Side Is Transforming Dog Food with Whole Foods and AI
Side by Side founder Carol Bramson asserts that whole food nutrition is what pets, like their people, need to thrive. "[Real ingredients] provide essential nutrients naturally." This approach aligns with the research that bodies, whether human or dog, are better suited to absorb nutrients from natural resources rather than manufactured supplements.
Meme Stock Investor ‘Roaring Kitty’ Reveals Massive $245 Million Stake in Chewy
Meme stock trader Keith Gill, known as Roaring Kitty, has a multimillion-dollar stake in online pet store Chewy.
One of UK's Largest Vet Companies Hit By Cyberattack, Putting Sensitive Infos At Risk of Malicious Access
One of the U.K.'s largest vet companies were hit by a major cyberattack. Should pet owners be worried?
Latest News
Buyout firms KKR & Co LP (KKR.N) and Clayton, Dubilier & Rice LLC (CD&R) have teamed up to take PetSmart Inc (PETM.O) private for more than $7.5 billion, people familiar with the matter said on Tuesday, as the auction for the pet food retailer heats up.
Melbourne, Australia-based animal therapeutics developer Nexvet Biopharma scored $31.5 million in a funding round from investors and shareholders to expand its product portfolio and clinical program for pets' health.
Mars Inc. announced on Wednesday that it would acquire the pet care brand names of Procter&Gamble in a deal valued USD2.9 billion, reported Reuters.
Rover, the pet sitting platform that connects dog owners to verified in-home sitters, secured $12 million for its Series C round led by new investor Menlo Ventures, TechCrunch reported.
Shanghai, China-based pet e-commerce site Boqii landed $25 million in a Series B funding led by undisclosed US investors to fuel its brand building and expansion efforts.
Jaguar Animal Health Inc, a company that focuses on making veterinary products, received $2 million from BioVeda China Fund, a private equity firm based in China.
Spokane, Washington-based startup iCPooch launched a crowdfunding campaign on Kickstarter to raise $20,000 for the production of a device that allows dog owners to send treats or conduct facetime with their dogs when they are away from home.
With the goal of building a pet dish that is linked to the internet, Los Angeles-based startup Petnet was able to get seed round funding of $1.12 million, Gigaom reported.
Isabel Lerer, the daughter of Huffington Post co-founder Ken Lerer, launched her new animal-focused news site The Dodo after securing $2 million in a seed funding round led by Lerer Ventures.
