Worldwise, A Leading Pet Supplies Platform, Acquires Pet Factory, A Leading Pet Chew And Treat Business
Apr 07, 2022•over 3 years ago
Acquiring Company
Worldwise
Acquired Company
Pet Factory
Community And Lifestyle
Description
Worldwise, Inc. ("Worldwise" or the "Company"), a leading pet supplies platform and a portfolio company of A&M Capital Partners ("AMCP"), a middle-market private equity investment fund that is part of the A&M Capital platform, together with A&M Capital Opportunities Fund, an affiliated fund, has acquired Pet Factory, an innovative leader in the pet chews, treats, toys, and accessories segments. Worldwise has now completed three successful M&A transactions in the last four months, expanding its portfolio to include six complementary brands across several attractive product categories, including pet chews and treats, toys, litter accessories, pet bedding and more.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed