LoneTree Capital Makes Minority Growth Investment in Synergy Pet Group

May 4, 2023

Synergy Pet Group, a Lakewood, New Jersey–based provider of pet-related employee benefits, tech-enabled services, and veterinary software, received a minority growth investment from LoneTree Capital. LoneTree will support Synergy’s product rollouts, new business lines and strategic add-on activity, and Matt Koven will join Synergy’s board; terms were not disclosed.

Buyers
LoneTree Capital, LLC
Targets
Synergy Pet Group, Inc.
Industry
Veterinary
Location
New Jersey, United States
Transaction Type
Growth capital

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