Add-on Acquisition • Insurance

Petlove Acquires Nofaro

On March 8, 2022, Petlove acquired insurance company Nofaro

Acquisition Context

This is Petlove’s 1st transaction in the Insurance sector.
This is Petlove’s 1st transaction in Brazil.

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M&A Deal Summary
Date	March 8, 2022
Target	Nofaro
Sector	Insurance
Buyer(s)	Petlove
Deal Type	Add-on Acquisition

Target Company

Nofaro

Porto Alegr, Brazil

Nofaro is an online pet-health company. Nofaro is based in Porto Alegr, Brazil.

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Buyer Overview 1

Buyer

Petlove

Sao Paulo, Brazil

Category	Company
Founded	1999
Sector	E-Commerce

DESCRIPTION

Petlove is an online pet retailer offering a wide range of pet products, including its own and exclusive brands. It provides a subscription service for pet products and online access to veterinary services, as well as delivery options. The company also serves as a technology provider for the Brazilian pet market, supporting partners such as veterinarians, clinics, hospitals, and pet shops. Through features like the pet profile, Petlove enables users to access products, services, and information in one platform to support pet care. Petlove was founded in 1999 and is based in Sao Paulo, Brazil.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Insurance	1 of 1
Type: Add-on Acquisition	1 of 1
Country: Brazil	1 of 1
Year: 2022	1 of 1

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