Houlihan Lokey Advises A&M Capital Europe

Houlihan Lokey is pleased to announce that it has successfully advised A&M Capital Europe (AMCE) on the acquisition of Pet Network International (Pet Network) from The Rohatyn Group (TRG). The transaction closed on October 11, 2021. Houlihan Lokey served as both the M&A and financing advisor on this transaction.

Based in Croatia, Pet Network International is the leading omnichannel pet care retail platform in Southeastern Europe, operating under four banners across five countries. Pet Network was formed in 2018 by TRG through the acquisition and merging of Pet Centar in Croatia, Animax in Romania, and Mr. Pet in Slovenia. Today, the company operates more than 150 stores with Animax operating in Romania, Pet Centar in Croatia and Serbia, Maxi Pet in Romania and Bulgaria, and Mr. Pet in Slovenia. The company has a growing online presence and offers value-added services such as veterinary pharmacies. Ljiljana Markov Medugorac will continue to lead the business alongside AMCE.

AMCE is a dedicated European middle-market investment fund with approximately €650 million of assets under management. AMCE’s team has over 125 years of European investing and industry experience and speaks nine European languages. In addition, AMCE has deep operating capabilities and industry relationships to support its sourcing, due diligence, and portfolio monitoring activities, which leverages A&M Consulting’s approximately 1,000 operating professionals across 23 European offices.

Houlihan Lokey acted as both the M&A and financing advisor to AMCE. This transaction reinforces Houlihan Lokey’s leading position in the pet care sector, following recent successes involving BrightPet, Forthglade, Butternut Box, and Lily’s Kitchen.