Investment Summary

PetSmart Exits Chewy

On June 14, 2019, invested in e-commerce company Chewy from PetSmart

Investment Highlights
  • This is transaction in the E-Commerce sector.
  • This is transaction in the United States.
  • This is transaction in Florida.

Investment Summary

Date 2019-06-14
Target Chewy
Sector E-Commerce
Sellers(s) PetSmart
Deal Type Spin Off

Target

Chewy

Plantation, Florida, United States
Chewy is an online retailer of pet food and products in the United States. The company delivers on that promise with its dedication to 24/7 customer service, creation of cutting-edge software and technology to enhance the user experience, and commitment to sourcing high-quality products. Chewy was founded in 2010 and is based in Plantation, Florida.

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Seller(S) 1

SELLER

PetSmart

Phoenix, Arizona, United States

Category Company
Founded 1986
Sector Retail
Employees55,000
Revenue 6.9B USD (2014)
DESCRIPTION
Entrance to PetSmart's corporate headquarters in Phoenix, Arizona.
Entrance to PetSmart's corporate headquarters in Phoenix, Arizona.

PetSmart is a specialty retailer and provider of pet products and services in North America. The Company also offers a selection of services, including professional grooming and boarding, as well as training and day camp for dogs. PetSmart was founded in 1986 and is based in Phoenix, Arizona.


DEAL STATS #
Overall 1 of 1
Sector: E-Commerce M&A 1 of 1
Type: Spin Off M&A Deals 1 of 1
State: Florida M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2019 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-04-18 Chewy

Plantation, Florida, United States

Chewy is an online retailer of pet food and products in the United States. The company delivers on that promise with its dedication to 24/7 customer service, creation of cutting-edge software and technology to enhance the user experience, and commitment to sourcing high-quality products. Chewy was founded in 2010 and is based in Plantation, Florida.

Buy $3.4B