Confirmed Control Closed Transaction verified consortiumConsumerPetpet specialty retailretailtake private

PetSmart, Inc. acquired by BC Partners-led consortium, including La Caisse, GIC affiliates, StepStone and Longview Asset Management

BC Partners-led consortium, including La Caisse, GIC affiliates, StepStone and Longview Asset Management acquired PetSmart, Inc., a US pet specialty retail brand, on Mar 11, 2015.

Transaction summary

Target
PetSmart, Inc.
Seller
-
Announced
2014-12-14
Geography
United States
Type
Take Private
Deal type
Control
Stake acquired
-
First added
2026-10-04
Latest update
2026-10-18

Value and multiples

100% enterprise value

USD 8.7B

100% enterprise value | USD

Basis: Public source

Reported price is assumed to be 100% EV unless stated otherwise. Partial-stake estimates are qualified in the basis notes.

EV / revenue

1.23x

Period: Twelve Months To 1 February; Year Unspecified In Reuters Report

Basis: Derived from source data

EV / EBITDA

9.1x

EBITDA basis not stated

Basis: Public source

Amounts paid and other reported values

Original reported amounts and bases; a stake payment is distinct from the estimated whole-company valuation.

Consideration: USD 8.4B

Preliminary proxy's proposed maximum aggregate merger consideration, calculated from outstanding shares and equity awards; distinct from whole-company EV.

Basis

  • US$8.7bn announced EV / Reuters’ US$7.1bn annual sales gives estimated EV/revenue of 1.23x. The report says twelve months to 1 February without an endpoint year. The issuer’s 9.1x EBITDA multiple uses LTM adjusted EBITDA to 2 November 2014; US$930m EBITDA is a separate 2014 analyst forecast.

Other reviewed estimates

Earlier estimates and their sources.

Reuters: Petco begins merger talks with PetSmart
Revenue USD 7.1bn | EBITDA USD 930m | EV / EBITDA 9.1x
Open evidence

Source summary

Consortium Led by BC Partners to Acquire PetSmart for $83.00 per Share in Cash

Confirmed

The transaction would be valued at approximately $8.7 billion

Open source

Consortium Led by BC Partners Completes Acquisition of PetSmart, Inc.

Confirmed

the transaction closed and became effective today

Open source

PetSmart Preliminary Proxy Statement

Confirmed

Proposed maximum aggregate value of transaction: $8,396,152,051.54

Open source

Reuters: Petco begins merger talks with PetSmart

Confirmed

had net sales of $7.1 billion in the 12 months to Feb. 1.

Open source

Reuters: PetSmart hires bank to study buyback, deal options

Confirmed

PetSmart is expected by analysts to generate $930 million of earnings before interest, tax, depreciation and amortization this year

Open source

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