Mergers & Acquisitions
Nov. 25, 2015
Petco lands an exit with private equity support
Petco Animal Supplies Inc. reached a $4.6 billion sale Monday in a deal that shines light on the growing trend of private companies running a dual-track process of filing a public offering and meanwhile seeking potential buyers.
Daily Journal Staff Writer
Petco Animal Supplies Inc. and its private equity owners TPG Capital LP and Leonard Green & Partners agreed to a $4.6 billion buyout on Monday in a deal that shines light on the growing trend of private companies running a dual-track process of filing a public offering while simultaneously seeking potential buyers.
TPG Capital LP and Petco relied on attorneys from Ropes &...
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