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The Rohatyn Group Completes Investment decision in Impressive Pet Components Firm, MyFamily | Organization

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NEW YORK–(Organization WIRE)–Mar 11, 2021–

The Rohatyn Group (“TRG”), a world wide, US-centered asset administration firm, currently declared that it has accomplished an expenditure in the specialised pet components company MyFamily Srl (“MyFamily” or the “Company”), establishing a partnership with the Company’s founder, Alessandro Borgese, and current traders together with 035 investimenti S.p.A. TRG’s expense will permit MyFamily to accelerate its products rollout and continue on growing its global distribution channels. Phrases of the transaction ended up not disclosed.

Launched in 2011 in Valenza, Italy, MyFamily is a world-wide producer of engravable pet ID tags and tag engraving machines. The Company’s engraving machines are current in about 9,000 retail locations in additional than 70 countries all over the world. The Company has just lately expanded its pet accessories assortment by a exclusive selection of pet collars, leashes and harnesses, including the know-how-enabled Memopet collection, which gives a differentiated clever and interactive practical experience.

“MyFamily is a highly attractive business that delivers a exclusive product supplying in the global pet accessories sector. We believe the Corporation is perfectly positioned to reward from accelerated premiumization of pet products and solutions and provide robust progress as the world wide pet extras sector proceeds to extend,” explained TRG’s Colin Clark, Head of the EMEA Non-public Marketplaces investment group, and Stepan Karpukhin, Taking care of Director.

TRG’s Harold Chatelus, who will immediately be a part of the Board of Administrators of MyFamily, added, “Alessandro Borgese qualified prospects a highly competent and determined world-wide administration team, whose determination to product or service innovation is apparent in the excellent and style leadership of MyFamily’s product portfolio. TRG will actively assist the Company’s enlargement tactic with the target of boosting scale and solidifying world market place management.”

Nick Rohatyn, CEO of TRG added, “MyFamily is a high-progress business with international entry that suits in completely with TRG’s world technique. We think strongly that the Enterprise has the potential to completely transform the worldwide pet equipment sector thanks to its progressive and engineering-forward method. Our financial commitment team will look for to leverage our deep information of the pet treatment sector and optimistic working experience from present portfolio business Pet Network Worldwide to guide Alessandro and his talented team in obtaining their growth targets.”

Alessandro Borgese, founder and CEO of MyFamily, commented, “I am tremendously happy of the progress MyFamily has currently achieved, specifically in excess of the last two years, as we have transformed our products portfolio, invested considerably in output high-quality and automation, and expanded our distribution network next the start of our US subsidiary. TRG’s financial investment will speed up the upcoming phase in MyFamily’s progress. We glimpse forward to continuing our growth in partnership with The Rohatyn Group and leveraging the team’s abilities.”

About TRG

Launched in 2002, The Rohatyn Team is an emerging markets focused asset management company headquartered in New York, with a presence about the world together with Boston, Buenos Aires, Montevideo, Lima, São Paulo, San Jose, London, Cairo, Mumbai, New Delhi, Singapore, Hanoi, Kuala Lumpur and Rotorua. For much more details, you should take a look at www.rohatyngroup.com

See resource version on businesswire.com:https://www.businesswire.com/information/household/20210311005900/en/

Make contact with: Julie Rudnick / Columbia Clancy

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Key word: EUROPE UNITED STATES ITALY NORTH The united states NEW YORK

Sector Search term: OTHER Client FINANCE OTHER RETAIL Animals BANKING Experienced Products and services Buyer RETAIL OTHER Specialist Companies

Supply: The Rohatyn Team

Copyright Business Wire 2021.

PUB: 03/11/2021 01:24 PM/DISC: 03/11/2021 01:24 PM

http://www.businesswire.com/information/home/20210311005900/en

Copyright Small business Wire 2021.

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