New acquisition in the Mexican pet care space
Pet sitting platform Cuida Mi Mascota acquired services dog walking start-up Tu Mejor Amigo.
As reported by Start-ups Latam, Tu Mejor Amigo, a start-up that provides subscription-based pet care services, has been acquired by its compatriot, Cuida Mi Mascota.
The start-up’s founders told the online publication that the main reasons behind its decision to sell were the “attractiveness” of the deal, as well as the potential for cross-selling between the 2 companies.
Following the completion of the acquisition, Ignacio Zanotto, Chief Technology Officer (CTO) of Tu Mejor Amigo, will join Cuida Mi Mascota as Chief Product Officer (CPO) to head up the firm’s products and operations.
Tu Mejor Amigo’s other co-founders, Ignacio Poli and Federico Aracre, told the publication that they were unsure of their short-term plans.
More about the companies
Founded in 2023, Tu Mejor Amigo offers dog walking services for pet owners as well as online vet consultations.
Mexican firm Cuida Mi Mascota was founded in 2015 and offers a range of pet-related services online, including lodging, kindergarten, walks, home visits and vet consultations. The website also houses an online store that sells a range of pet food and pet care products. According to Crunchbase, it last raised an undisclosed amount in its Series A funding round in 2019.
It is estimated that the country has a dog population of 30 million and almost 10 million cats.
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