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Pet Anjo Acquisition

Pet Anjo Acquisition: Key Details, Impact, and What Comes Next

February 13, 2025

Cobasi's acquisition of Pet Anjo marks a significant step in the pet care industry. By integrating Pet Anjo's digital platform, which offers services like dog walking and pet sitting, Cobasi aims to enhance its market reach and service portfolio. This strategic move positions Cobasi to better serve over 2 million clients, reflecting a broader trend of consolidation in the sector.

What Is Pet Anjo?

Pet Anjo

Founded in 2014, Pet Anjo connects pet owners with professional caregivers, offering services such as dog walking, pet sitting, boarding, daycare, grooming, and veterinary care. Unique in the market, Pet Anjo provides 24/7 support, emergency veterinary insurance, and certified professionals. Customers receive detailed service reports with photos and videos. Notably, it is the only company in Brazil with international certification for Dog Walking, Pet Sitting, and Pet First Aid.

Who Acquired Pet Anjo?

Cobasi is a leading pet shop in Brazil, renowned for its extensive range of products and services for pets. The company offers pet food, accessories, hygiene products, and exclusive brands like MyHug and Joy. Additionally, Cobasi provides various services including Bath & Grooming, Veterinary care, Pet Sitting, and Dog Walking. With a significant market presence through numerous physical stores and a robust online platform, Cobasi holds a prominent position in the Brazilian pet industry.

When Was Pet Anjo Acquired?

Cobasi acquired Pet Anjo on May 6, 2021. This acquisition aligns with a broader trend of consolidation in the pet care industry, as companies seek to expand their digital platforms and service offerings. By integrating Pet Anjo's services, Cobasi aims to enhance its market presence and provide a more comprehensive range of pet care solutions. This move reflects the growing demand for integrated pet care services and the increasing importance of digital transformation in the sector.

Why Was Pet Anjo Acquired?

  • Market Expansion: The acquisition of Pet Anjo allows Cobasi to significantly expand its market reach. By integrating Pet Anjo's services, Cobasi can now offer a broader range of pet care solutions, including pet sitting, dog walking, and pet accommodation, to over 2 million clients nationwide. This move positions Cobasi as a more comprehensive marketplace in the pet segment in Brazil.
  • Technology Integration: Cobasi benefits from Pet Anjo's advanced technological solutions, including a digital platform that facilitates the scheduling and management of pet care services. The integration of Pet Anjo's AI-driven customer service chatbot and other technological innovations enhances Cobasi's digital platform, making it more user-friendly and efficient.
  • Competitive Advantage: The acquisition strengthens Cobasi's position against competitors by diversifying its service offerings. Pet Anjo's established network of over 9,000 partners and its comprehensive range of services, such as family hosting and pet sitting, complement Cobasi's existing product lineup. This strategic move consolidates Cobasi's market presence, making it the largest and most complete marketplace in the Brazilian pet care industry.

Acquisition Terms

  • Acquisition Price: The terms of the transaction, including the acquisition price, were not disclosed.
  • Payment Method: The payment method for the acquisition is not mentioned.
  • Key Conditions or Agreements:
    • The acquisition involves Cobasi purchasing 100% of Pet Anjo's shares.
    • Pet Anjo will continue to operate as a separate entity.
    • The acquisition supports Cobasi's digital transformation strategy, which began in 2018.
    • A portion of the sale proceeds will support the ONG Vira Lata Vira Amigo.
    • Integration of Pet Anjo's services into Cobasi's platform, including dog walking, pet sitting, and daycare.
    • Establishment of Cobasi Labs to innovate and improve the customer experience.

Impact on Pet Anjo

The acquisition of Pet Anjo by Cobasi has led to significant changes in operations and management. Cobasi now owns 100% of Pet Anjo's shares, integrating its digital platform and services into Cobasi's existing business model. Despite this integration, Pet Anjo continues to operate as a separate entity, maintaining its brand identity while benefiting from Cobasi's resources and market reach. This strategic move aligns with Cobasi's broader digital transformation strategy, supported by a substantial investment from Kinea Private Equity.

In terms of product offerings, the acquisition has expanded Cobasi's service portfolio to include Pet Anjo's range of services such as dog walking, pet sitting, and daycare. This integration enhances Cobasi's ability to provide comprehensive pet care solutions, making it easier for customers to access these services through Cobasi's platform. Employee reactions have been focused on the strategic benefits, with an emphasis on improving service quality and leveraging technology. Customer feedback has been mixed, with some expressing satisfaction with the expanded services, while others have raised concerns about service quality.

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