17 November 2022 – Aliph Capital has completed the acquisition of The Pet Shop (TPS), the UAE’s largest omnichannel pet care business, marking the first investment made through Aliph Fund I. The transaction includes The Pet Shop, DubaiPetFood.com, and Petsville, establishing a strong platform for long-term growth in one of the GCC’s fastest-growing consumer sectors.
As part of the investment, Aliph Capital is providing significant growth capital to support TPS’s expansion across the UAE and into regional markets, including Saudi Arabia and Qatar. The firm will work closely with the company’s management team to strengthen its omnichannel capabilities, enhance customer experience, and accelerate digital transformation while reinforcing its leadership position in the regional pet care industry.
The acquisition reflects Aliph Capital’s strategy of partnering with high-quality, mid-market businesses that have strong fundamentals and scalable growth opportunities. The UAE’s pet care market, valued at approximately US$361 million in 2020, continues to benefit from rising pet ownership, changing consumer lifestyles, and increasing demand for premium pet products and services, making it an attractive sector for long-term investment.
With this inaugural investment, Aliph Capital reinforces its commitment to creating value through active ownership, operational expertise, and strategic expansion. The acquisition of The Pet Shop represents an important milestone in the deployment of Aliph Fund I and reflects the firm’s continued focus on building market-leading businesses across the GCC.