Petco acquired by CVC Capital Partners and Canada Pension Plan Investment Board
CVC Capital Partners and Canada Pension Plan Investment Board agreed to acquire Petco, a US pet specialty retail brand, on Nov 23, 2015.
Transaction summary
- Target
- Petco
- Seller
- -
- Announced
- 2015-11-23
- Geography
- United States
- Type
- Acquisition
- Deal type
- Control
- Stake acquired
- -
- First added
- 2026-10-04
- Latest update
- 2026-10-04
Value and multiples
100% enterprise value
USD 4.6B
100% enterprise value | USD
Basis: Estimated
Reported price is assumed to be 100% EV unless stated otherwise. Partial-stake estimates are qualified in the basis notes.
EV / revenue
-
Period: LTM Prior To November2015 Announcement 2015
Basis: Public source
EV / EBITDA
10x
EBITDA basis not stated
Basis: Public source
Basis
- USD 4.6bn enterprise value is a FundComb estimate. Public sources reviewed confirm the transaction, but do not independently disclose every valuation input.
- Valuation covers 100% of the target; the amount invested or paid for a stake is separate.
- EV / EBITDA: 10x.
- EBITDA basis was not stated in the source material.
- Reported acquisition value approximately USD4.6bn is an estimated whole-company EV proxy under FCR-211. Fortune reports revenue nearly USD4bn for fiscal year ended January31,2015, a bound retained in notes. J.P. Morgan selected-transaction analysis in Rent-A-Center2018 SEC-filed supplemental proxy disclosure reports Petco10.0x firm value / LTM EBITDA for the twelve months prior to announcement. No EBITDA denominator inferred. Petco was already private; this2015 sale is not a take-private. Reported third-party10.0x firm value / LTM EBITDA; no denominator inferred. Third-party J.P. Morgan selected-transaction analysis in Rent-A-Center2018 supplemental proxy reports10.0x firm value / LTM EBITDA.
Source summary
Rent-A-Center 2018 Form 8-K, supplemental proxy disclosures
ConfirmedPetco Holdings, Inc. CVC Capital Partners Limited / Canada Pension Plan Investment Board November 2015 10.0x
Open sourcePetco Fetches $4.6 Billion In Takeover Deal
ConfirmedPetco reported $75 million of net income on nearly $4 billion in revenue
Open sourcePetco Fetches $4.6 Billion In Takeover Deal | Fortune
ConfirmedPetco on Monday confirmed that it will be acquired for around $4.6 billion
Open sourcePackaged Facts: Petco Acquired by International Investors
ConfirmedThe deal should close in early 2016.
Open sourcePetco Fetches $4.6 Billion In Takeover Deal | Fortune
Confirmed$75 million of net income on nearly $4 billion in revenue
Open sourceContinue your research
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