Capiton to acquire minority stake in AlphaPet Ventures

Subject to approval, Capiton will acquire a 35.9% stake in the company.

Capiton will invest via Capiton V, which held an interim close in December 2014 on its hard-cap of €425m, followed by a final close in January 2015 on €440m. The fund was 80% deployed as of June 2019, according to Unquote Data.

Capiton acquired contained power handling systems provider Dec Group earlier this month, also investing via Capiton V.

Capiton had not responded to a request for comment at the time of publication.

Previous funding
Heliad Equity Partners and Mountain Partners led a €13m financing round for AlphaPet in June 2017. Deutsche Handelsbank provided €3m in working capital as part of the round.

The company also had backing from VCs including Reimann Investors, Venture Stars, Mountain Partners and Heliad Equity Partners.

EPetWorld, which became part of AlphaPet in 2016, previously drew investment from investors including Blumberg Capital and Point Nine Capital. It held a series-B financing round in March 2016 that saw participation from Heliad, Mountain Partners and Venture Stars.

Company
AlphaPet was founded in 2016 via the merger of Pets Premium and EPetWorld. EPetWorld was founded in January 2012 by Venture Stars.

The company is based in Munich and has a headcount of 34, according to LinkedIn. AlphaPet sells a variety of pet food and products via its online platform.

People
AlphaPet Ventures – Marco Hierling, Jochen Missel, Stefan Pfannmüller (founders).

• Tweet  
• Facebook  
• LinkedIn  
• Google plus  
• Send to  

• Topics
• Expansion
• DACH
• Consumer
• Germany
• capiton AG