M&A Deal Summary

CareCredit Acquires Pets Best Insurance Services

On March 6, 2019, CareCredit acquired insurance company Pets Best Insurance Services

Acquisition Highlights
  • This is CareCredit’s 1st transaction in the Insurance sector.
  • This is CareCredit’s 2nd transaction in the United States.
  • This is CareCredit’s 1st transaction in Idaho.

M&A Deal Summary
Date 2019-03-06
Target Pets Best Insurance Services
Sector Insurance
Buyer(s) CareCredit
Deal Type Add-on Acquisition

Target

Pets Best Insurance Services

Boise, Idaho, United States
Pets Best Insurance Services LLC is a provider of pet health insurance services. Pets Best has deep pet health insurance expertise and offers a wide array of plan options, best-in-class customer service, and rapid claims processing. Pets Best Insurance Services LLC was founded in 2005 and is based in Boise, Idaho.

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Buyer(S) 1

Buyer

CareCredit

Costa Mesa, California, United States
Category Company
Founded 1987
Sector Financial Services
DESCRIPTION

CareCredit LLC is a provider of financial services in US.

DEAL STATS #
Overall 2 of 2
Sector (Insurance) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Idaho) 1 of 1
Country (United States) 2 of 2
Year (2019) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-02-21 Citibank N.A. - Citi Health Card Portfolio

New York, New York, United States

Citibank N.A. - Citi Health Card Portfolio includes more than 14,500 providers, further expanding CareCredit’s national network of more than 200,000 healthcare providers and health-focused retail locations. The portfolio includes more than 110,000 current Citi Health Card consumer accounts.

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