Recapitalization • Consumer Services

Retriever Acquires Wag!

On July 21, 2025, Retriever acquired consumer services company Wag!

Acquisition Context

This is Retriever’s 1st transaction in the Consumer Services sector.
This is Retriever’s 1st transaction in the United States.
This is Retriever’s 1st transaction in California.

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M&A Deal Summary
Date	July 21, 2025
Target	Wag!
Sector	Consumer Services
Buyer(s)	Retriever
Deal Type	Recapitalization
Advisor(s)	Latham & Watkins (Legal)

Target Company

Wag!

San Francisco, California, United States

Wag! provides access to on-demand pet services and is transforming the pet industry by simplifying pet care. With its mobile-first platform and a foundation built on data science and automation capabilities, Wag! is consolidating the pet wellness and services industries online and through its mobile app. Wag! was founded in 2014 and is based in San Francisco, California.

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Buyer Overview 1

Buyer

Retriever

United States

Category	Company
Sector	Financial Services

DESCRIPTION

Retriever is a financial services firm and lender that serves companies throughout the US.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Consumer Services	1 of 1
Type: Recapitalization	1 of 1
State: California	1 of 1
Country: United States	1 of 1
Year: 2025	1 of 1

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