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.
Pets
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?
USDA’s investigation to Pennsylvanian small-animal dealer over substandard conditions prompted Petco to cut ties with supplier
Pennsylvanian small-animal dealer Holmes Chinchilla Ranch and Other Small Animals Inc is being investigated by the U.S. Department of Agriculture over substandard conditions of facilities.
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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.
Brisbane-based veterinary giant Greencross announced its intention to buy pet retail chain Mammoth Pet Holdings in an acquisition deal that is valued at USD330 million.
