Caisse-backed PetSmart buys pet adoption platform AllPaws
U.S. specialty pet retailer PetSmart Inc has acquired AllPaws, a New York-based online and mobile platform focused on pet adoption. No financial terms were released. PetSmart said the acquisition will accelerate its in-store adoption program. Based in Phoenix, Arizona, PetSmart was acquired early last year by a consortium led by U.K. private equity firm BC Partners. The Caisse de dépôt et placement du Québec, a Canadian pension fund, was among the investors.
19 October 2016•4 mins read
