Alantra advises A&M Capital Europe on the acquisition of Pet Network International
SECTORConsumer Goods & Retail
Vienna – Alantra, the global investment banking and asset management specialist, is pleased to announce that it has advised A&M Capital Europe (”AMCE”) on its acquisition of Pet Network International (“PNI” or “the Group”), the leading omnichannel pet care provider in South-East Europe, from The Rohatyn Group (“TRG”). Alantra’s Austria & CEE team provided M&A advisory services to AMCE.
Headquartered in Zagreb (Croatia) Pet Network International was formed by TRG through the combination and expansion of local pet retail chains, and is currently present in Croatia, Romania, Slovenia, Serbia and Bulgaria. PNI operates via various eCommerce channels as well as over 150 physical stores under various established brand names in the local markets, with a growing offering of value-added services including veterinary pharmacies and services.
Based in London, A&M Capital Europe is an operationally growth-focused European middle-market private equity firm. AMCE Fund I currently manages €650 million of committed capital and is part of A&M Capital, the global multi-strategy private equity firm managing in excess of €3 billion of capital. AMCE has an association with Alvarez & Marsal (A&M) consulting and combines middle-market private equity investing with deep operational expertise, industry knowledge and global corporate relationships of A&M’s consultants.
Alantra provided buy-side advisory to AMCE and was able to offer unique, regional-specific insight into the competitive environment, as well as the financing landscape. The pet retail sector is one of the most active segments in brick & mortar retail, with significant deal activity both domestically and across Europe, and further cross-border consolidation can be expected.
Alexandra Nagle, Managing Partner at Alantra commented: “This deal demonstrates the strength of our knowledge of the local market and network, particularly with regionally-focused private equity. We are delighted to have supported AMCE’s investment in Pet Network International and look forward to seeing the Group develop a new growth chapter.”
Jan 2022Debt financingValue $200 millionJan 2022SECTOR Consumer Goods & RetailService Debt AdvisoryValue $200 million
Oct 2021Public tender offerOct 2021SECTOR Consumer Goods & RetailService Equity Capital Markets
Sep 2021Buy-side advisorySep 2021SECTOR Food & Beverage; Consumer Goods & RetailService M&A
Sep 2021Sell-side advisorySep 2021SECTOR Consumer Goods & RetailService M&A