Petplan Acquired by Global Private Equity Firm Warburg Pincus

Petplan, a leading pet health insurance provider in North America, announced that the company has been acquired by Warburg Pincus, a global private equity firm focused on growth investing.

Petplan, headquartered in Pennsylvania, provides pet health insurance to over 200,000 customers in the U.S. and Canada. Under the leadership of CEO, Paul Guyardo, Petplan has experienced substantial growth, including the recent milestone of reaching 200,000 active subscribers. In the past year, total Petplan subscriptions have grown by nearly 15 percent – the fastest and most significant growth since 2015. 

"This investment is a game changer for Petplan. It enables us to catapult the product innovation and customer experience that our company was founded upon and introduce the very best pet health insurance to millions of pet parents in North America," said Paul Guyardo, CEO, Petplan. "We're thrilled to be working with Warburg Pincus and the multitude of resources the firm provides." 

Source
Cision