August 18, 2015
San Diego-based pet-supplies retailer Petco is going public!
It’s the third time Petco has gone public since 1994. The company is currently owned by private-equity firms TPG Capital and Leonard Green & Partners.
Petco currently operates more than 1,400 stores under the names Petco, Unleashed by Petco and Pooch Hotel. An IPO could reportedly raise $800 million for the company, though a price range for the shares has not yet been determined.
Petco is currently moving into new headquarters in Rancho Bernardo.