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
- Completed
- 2015-03-11
- 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.
Source summary
Consortium Led by BC Partners to Acquire PetSmart for $83.00 per Share in Cash
ConfirmedThe transaction would be valued at approximately $8.7 billion
Open sourceConsortium Led by BC Partners Completes Acquisition of PetSmart, Inc.
Confirmedthe transaction closed and became effective today
Open sourcePetSmart Preliminary Proxy Statement
ConfirmedProposed maximum aggregate value of transaction: $8,396,152,051.54
Open sourceReuters: Petco begins merger talks with PetSmart
Confirmedhad net sales of $7.1 billion in the 12 months to Feb. 1.
Open sourceReuters: PetSmart hires bank to study buyback, deal options
ConfirmedPetSmart is expected by analysts to generate $930 million of earnings before interest, tax, depreciation and amortization this year
Open sourceContinue your research
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