Online pet care e-commerce
October 2010 – LD&A advises MedicAnimal in a £5m fund raising
LD&A acted as financial advisor to UK-based MedicAnimal Ltd on an A-round private equity placement of £5,000,000 led by French Iris Capital.
Founded in 2007, MedicAnimal is a fast growth e-commerce operator focused on high end pet care products reaching over 100 000 customers in Europe. Already selling in 6 countries, this fund raising will allow it to aggressively grow into the continent.
“MedicAnimal thrives in the fast growing high end segment of the online pet care market, selling products from medicines down to care accessories and high end food. It is quite unique in Europe as it offers a full online prescription medicine service in many countries, great attention to quality care and strong collaborations with pet related communities and charities. The company is now fully scalable and ready for accelerating growth. Its visionary management will benefit from the backing of Iris, a leading international venture capital investor, and consolidate an online pet care leadership position in Europe” comments Matthieu Rosset, Principal with LD&A.
About Drake Star Partners
Drake Star Partners is a global investment banking firm serving the technology, media and communications sectors (TMC) with offices in New York, London, Paris, Munich, San Francisco, Los Angeles, Berlin, Geneva, Singapore* and Dubai*. The firm focuses on M&A and corporate finance for its clients worldwide. Drake Star Partners completed over 400 transactions since 2004, 70% of which are cross-border.
Drake Star Partners is the marketing name for the global investment bank Drake Star Partners Limited and its subsidiaries and affiliates. In the USA, all securities are transacted through Drake Star Securities LLC. In the USA, Drake Star Securities LLC is regulated by FINRA and is a member of SIPC. Drake Star UK Limited (FRN 942020) is an appointed representative of Kession Capital Ltd (FRN582160) which is authorised and regulated by the Financial Conduct Authority. © 2016 Drake Star Partners Limited.