Eight Advisory Germany supported Comitis Capital in their successful acquisition of a stake in PetCo GmbH with buy side financial & tax due diligence and tax structuring.
The Frankfurt based investor Comitis Capital has acquired a stake in PetCo GmbH “PetCo”, a leading Austrian supplier of super premium dog and cat food. With its three brands Dog’s Love, Cat’s Love and WOW, PetCo covers the entire premium and super premium segment. PetCo founders Stefan and Katharina Miklauz will continue to lead the company in the future and retain a significant stake.
Joint goal of the partnership is to develop the company during its upcoming growth and expansion phase into a champion in the European market.
The investment in PetCo is Comitis’ first growth-partnership, through which the investor supports ambitious founders and management teams in jointly accelerating sustainable value creation. Comitis Capital has an experienced team of international investment experts and pursues a partnership-based investment approach focused on sustainability and integrity.
The parties have agreed not to disclose the financial details of the transaction.
Marc Niclas (Partner) and Heloise Campos (Senior Manager) provided financial due diligence services. Jan-Ole Burchert (Partner) and Manuel Wall (Director), together with the team from LeitnerLeitner in Austria, provided tax due diligence and structuring advise on this transaction.