NEW YORK–(Company WIRE)–The Rohatyn Team (“TRG”), a world-wide, US-dependent asset administration agency, right now introduced that it has done an investment in the specialized pet add-ons firm MyFamily Srl (“MyFamily” or the “Company”), creating a partnership with the Company’s founder, Alessandro Borgese, and current buyers which includes 035 investimenti S.p.A. TRG’s investment will let MyFamily to speed up its merchandise rollout and go on expanding its global distribution channels. Phrases of the transaction have been not disclosed.
Started in 2011 in Valenza, Italy, MyFamily is a world-wide producer of engravable pet ID tags and tag engraving devices. The Company’s engraving machines are present in close to 9,000 retail destinations in far more than 70 international locations around the world. The Firm has not long ago expanded its pet equipment assortment by a exceptional assortment of pet collars, leashes and harnesses, including the technological innovation-enabled Memopet selection, which presents a differentiated smart and interactive experience.
“MyFamily is a remarkably beautiful company that offers a one of a kind product featuring in the world-wide pet add-ons sector. We believe that the Enterprise is very well positioned to profit from accelerated premiumization of pet solutions and supply sturdy growth as the world-wide pet equipment sector proceeds to expand,” reported TRG’s Colin Clark, Head of the EMEA Non-public Marketplaces investment crew, and Stepan Karpukhin, Taking care of Director.
TRG’s Harold Chatelus, who will promptly be part of the Board of Administrators of MyFamily, additional, “Alessandro Borgese qualified prospects a extremely skilled and determined global administration crew, whose commitment to merchandise innovation is evident in the excellent and style and design leadership of MyFamily’s merchandise portfolio. TRG will actively aid the Company’s enlargement system with the intention of maximizing scale and solidifying worldwide marketplace management.”
Nick Rohatyn, CEO of TRG included, “MyFamily is a higher-progress organization with international obtain that matches in completely with TRG’s worldwide solution. We believe strongly that the Business has the prospective to transform the global pet accessories sector thanks to its impressive and know-how-forward technique. Our investment decision workforce will seek to leverage our deep information of the pet treatment field and favourable encounter from recent portfolio company Pet Network International to help Alessandro and his gifted workforce in reaching their expansion aims.”
Alessandro Borgese, founder and CEO of MyFamily, commented, “I am greatly proud of the advancement MyFamily has now obtained, specifically more than the previous two many years, as we have transformed our solution portfolio, invested tremendously in generation high quality and automation, and expanded our distribution network following the launch of our US subsidiary. TRG’s expense will speed up the subsequent phase in MyFamily’s enhancement. We search ahead to continuing our progress in partnership with The Rohatyn Group and leveraging the team’s skills.”
About TRG
Started in 2002, The Rohatyn Group is an rising markets concentrated asset management organization headquartered in New York, with a presence all around the globe including Boston, Buenos Aires, Montevideo, Lima, São Paulo, San Jose, London, Cairo, Mumbai, New Delhi, Singapore, Hanoi, Kuala Lumpur and Rotorua. For a lot more data, remember to go to www.rohatyngroup.com
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