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Worldwise, Inc. Acquired by Alvarez & Marsal Capital Partners

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Pet Acquisition

Pryor Cashman client Worldwise, Inc., a leader in the pet industry specializing in pet supplies and pet essentials, was acquired by Alvarez & Marsal Capital Partners, a middle-market private equity investment fund that is part of the A&M Capital platform, together with A&M Capital Opportunities Fund, an affiliated fund. 

According to the related press release announcement: 

"We could not be more excited about this acquisition and what it means for our future," said Kevin Fick, Worldwise, Inc. Chief Executive Officer. "AMCP knows the pet industry well, and with their financial and strategic backing - including the significant resources of A&M's consulting business - we will have the opportunity to invest in our business, build significantly on our category leadership and accelerate our growth. We are excited to provide pets and pet parents with even more highly innovative, high-quality products across cat and dog accessories, while maintaining our relentless focus on the customer. We've worked hard to become a global leader by providing the highest quality products for pets and pet parents and can't wait to accelerate our strong trajectory into new segments and geographies." 

Leading the representation of Worldwise was Partner Lawrence Spector of Pryor Cashman's nationally recognized Corporate Group. Assistance was provided by Partners Lawrence Remmel (Banking + Finance), Michael Dunworth (Tax), Shane Stroud (Executive Compensation), John Crowe (Corporate), Joshua Zuckerberg (Labor & Employment), Richard Frazer (Corporate), Robert Lamonica (Corporate), Jeffrey Johnson (Intellectual Property), Benjamin Teig (Real Estate), and Christopher Loeber (Insurance). Additional support was provided by counsel Francesca Djerejian (Corporate), counsel Matthew Young (Executive Compensation), along with Islame Hosny (Tax), Andy Goldwasser (Corporate), Jens N. Thomsen (Corporate), and Eric Wisotsky (Corporate).

Read the full press release in the resource links below.