Milbank has advised BC Partners on the financing for its acquisition of Pet City Group in Greece.
The financing includes committed facilities.
According to Milbank, “Pet City, a Greek pet retail company, was founded in 1988 and has grown as a family-owned business to be a market leader in Greece serving around three million customers annually. The founding family will retain a minority share in the company. This acquisition takes place in a sector in which BC Partners has strong expertise and know-how, having made successful investments in the UK and US pet markets.”
Founded in 1986, BC Partners is a British investment firm focused on private equity, credit, and real estate.
Milbank’s team included Partner Apostolos Gkoutzinis and Associate Lefteris Dafermos.
Milbank did not reply to our inquiry on the matter.