L Catterton Makes Strategic Growth Investment in Petlove

June 18, 2020

L Catterton's Latin America fund made a significant strategic growth investment in Petlove, Brazil's largest online pet retailer, to accelerate the company's technological advancement, omni-channel expansion and growth initiatives. The investment will see L Catterton partner with founder Marcio Waldman and existing investors (SoftBank, Tarpon, Monashees) to broaden Petlove's offerings, support offline-to-online adoption across Brazil, and expand services for veterinarians and pet shops.

Buyers
L Catterton (Latin America fund)
Targets
Petlove
Industry
E-Commerce
Location
São Paulo, Brazil
Transaction Type
Growth capital

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