M&A Deal Summary

Cardone Ventures Acquires PetMed Express

On December 16, 2025, Cardone Ventures acquired internet software and services company PetMed Express for 89M USD

Acquisition Highlights
  • This is Cardone Ventures’ 1st transaction in the Internet Software and Services sector.
  • This is Cardone Ventures’ largest (disclosed) transaction.
  • This is Cardone Ventures’ 1st transaction in the United States.
  • This is Cardone Ventures’ 1st transaction in Florida.

M&A Deal Summary

Date 2025-12-16
Target PetMed Express
Sector Internet Software and Services
Buyer(s) Cardone Ventures
Deal Type Add-on Acquisition
Deal Value 89M USD

Target

PetMed Express

Delray Beach, Florida, United States
PetMed Express is a provider of online and telephone sales of pet medications. PetMed operates in two segments: Over-the-Counter (OTC) medication and Prescription (Rx) medication. PetMed Express was founded in 1996 and is based in Delray Beach, Florida.

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Buyer(S) 1

Buyer

Cardone Ventures

Aventura, Florida, United States

Category Company
Sector Business Services
DESCRIPTION

Cardone Ventures provides consulting programs, training workshops, and business?management frameworks aimed at helping owners systematise operations and improve organisational performance. Cardone Ventures is based in Aventura, Florida.


DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Florida M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2025 M&A 1 of 1
Size (of disclosed) 1 of 1