Independence Pet Group Acquires Felix Cat Insurance Brand

September 18, 2023

Independence Pet Group (IPG) has agreed to acquire Felix, a U.S. cat-only pet insurance brand created and operated by The Connected Pet Company. The acquisition expands IPG's portfolio and capabilities to better serve the fast-growing cat pet insurance market and is expected to close in H2 2023 subject to customary approvals.

Buyers
Independence Pet Group
Targets
Felix (Felix Cat Insurance)
Sellers
The Connected Pet Company (The Connected Pet Company, LLC)
Industry
Insurance
Location
Arizona, United States
Transaction Type
Buyout

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