Warburg Pincus Acquires Petplan
October 2, 2019
Warburg Pincus, a global private equity firm, acquired Petplan, a leading North American pet health insurance provider headquartered in Newtown Square, Pennsylvania. The acquisition will provide Petplan with capital and resources to accelerate product innovation, customer experience improvements, and growth across the U.S. and Canada.
- Buyers
- Warburg Pincus
- Targets
- Petplan
- Industry
- Insurance
- Location
- Pennsylvania, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Warburg Pincus Acquires Majority Stake in WebPT
August 27, 2019
Healthcare Services
Warburg Pincus has signed a definitive agreement to acquire a majority interest in WebPT from Battery Ventures. The investment will support WebPT's product innovation and accelerate scaling of its rehab therapy SaaS platform to expand access and grow the business.
-
Warburg Pincus Acquires K2 Insurance Services from Lee Equity Partners
December 1, 2022
Insurance
Warburg Pincus has agreed to acquire K2 Insurance Services from Lee Equity Partners to support the company's next phase of growth, including M&A and de-novo incubation. K2, a San Diego-based specialty insurance program manager that services over $1 billion in premiums through a portfolio of MGAs, will be backed by Warburg Pincus to expand its underwriting and distribution capabilities.
-
Warburg Pincus Makes $170M Growth Investment in Bond Vet
October 11, 2021
Veterinary
Warburg Pincus has made a $170 million growth investment in Bond Vet to support expansion of the tech-enabled veterinary clinic chain and to fund equipment, training, culture and technology improvements. Talisman Capital, Bond Vet's initial capital provider, will continue to support the company as it scales its multi-location urgent care and telehealth veterinary services from its New York base.
-
Warburg Pincus Invests $400M in WEX Inc.
June 29, 2020
Payments & Fintech
WEX Inc. agreed to a $400 million private investment from an affiliate of Warburg Pincus, consisting of $310 million of convertible notes and $90 million of common stock, and also obtained an amendment to its senior secured credit facilities to increase financial flexibility. The transaction strengthens WEX's balance sheet and liquidity as it navigates COVID-19 headwinds and supports its strategic initiatives across fleet, travel and healthcare payments.
-
Warburg Pincus Invests $75M in Personetics
February 16, 2021
Payments & Fintech
Personetics, a provider of AI-driven personalization and customer engagement software for banks, raised $75 million in growth funding from Warburg Pincus to accelerate global expansion of its platform. The investment will support scaling distribution and product development as Personetics expands its footprint with banks across multiple markets.
-
Warburg Pincus and Great Hill Partners Invest in ParetoHealth
June 5, 2023
Financial Services
Warburg Pincus has made a significant growth investment in Pareto Health, joining existing investor Great Hill Partners (which will retain an equal stake) alongside a continuing investment from the company's management team. The capital will be used to accelerate ParetoHealth's growth and expand its employee-benefits platform that helps small and midsized employers self-insure and manage healthcare costs.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.