Buys Chewy: Petsmart
An firsthand account by Chewy founder Ryan Cohen regarding the financing and scale decisions that led to the acquisition.
The acquisition of by PetSmart in 2017 for $3.35 billion was the largest e-commerce deal in history at that time. Initially slammed by the market as a "bet-the-company" move, it is now viewed as one of the most successful private-equity turnarounds ever. 📄 Top Case Studies & Analysis Papers petsmart buys chewy
A deep dive into the complex financial engineering used by BC Partners to manage PetSmart's debt and the eventual spin-off of Chewy. An firsthand account by Chewy founder Ryan Cohen
By late 2016, PetSmart’s brick-and-mortar sales were sliding as customers migrated online. 📄 Top Case Studies & Analysis Papers A
A detailed strategic look at Chewy's logistics and "bet-the-company" decisions prior to the buyout.
Wall Street Journal: How PetSmart Swallowed Chewy - Volition Capital