KKR SPAC Said to Mull Deal for PetSmart at $14 Billion Value
- Pet supply chain would return to public market in transaction
- BC Partners led group that took PetSmart private in 2015
This article is for subscribers only.
PetSmart is in talks to go public through a blank-check company backed by private equity firm KKR & Co., according to people familiar with the matter.
The pet supply retailer, backed by BC Partners, would be valued in the transaction at $14 billion including debt, said one of the people, who asked not to be identified because the information was private.