- Client:DMO Pet Care S.r.l.
- Date:September 2022
Consumer and Retail
- Deal Description:
Vitale advised DMO Pet Care S.r.l., Italian leading company active in the pet care market through its stores chain “Isola dei Tesori” and owned by the private equity funds Peninsula Capital and Azimut, in the acquisition of Bauzaar S.r.l. from the two founding shareholders (Domenico Gimeli and Matteo Valente) and Megamark group.
Bauzaar S.r.l., based in Puglia, is a company active in the sale of pet food and products through its proprietary stores chain “Joe Zampetti” and leader in Italy in the online sales through the eCommerce website “Bauzaar.it”.
In the context of the transaction, the two founding shareholders and Megamark group will reinvest part of the proceeds in order to maintain a minority stake in Company, while DMO will remain the majority shareholder. The transaction also includes a capital increase in favour of the Company to support a significant growth strategy.
Vitale acted as financial advisor to DMO offering support in the structuring of the transaction, in the negotiation phases and in the coordination of due diligence activities.
- Deal value: