Datamars announced today that it has acquired Kippy S.r.l., the successful GPS tracker and activity monitoring solution for pets, as a natural expansion of its existing offering to pet owners globally. The transaction has been coordinated by Growth Capital, leading advisor specialized in corporate finance transactions for startups and scaleups, acting as Kippy’s sole financial advisor.
With this partnership, Datamars strengthens its market leading identification and reunification solution that has identified over 50 million pets and connected thousands of lost animals back with their owners.
“As pet ownership continues to grow across all major markets globally, so too does the demand for products and services to keep these beloved members of the family happy, healthy and safe. I’m excited to be partnering together with Kippy to bring the best of our technologies to more pet owners around the world,” says Datamars CEO, Daniele Della Libera.
Kippy’s wearable collar device with GPS tracks animal activity and location and communicates to pet owners via a Smartphone app. As well as providing the ability to locate your animal in real time, owners can easily tell if their pet is getting the right amount of physical activity. Kippy is also one of the few solutions on the market that combines GPS/activity tracking with communication and engagement features, such as customised messaging and an in-app social network.
“It’s easy to see the value this kind of solution has on the quality of life of pets as well as their human families of course. When we have useful information, we’re able to make better informed decisions on the needs of our animals. And the ability to stay connected, both to your animal, as well as to other pet owners is also important” says Daniele.
Based out of Milan, Italy, Kippy was founded in 2013 by friends and Co-CEO’s Marco Brunetti and Simone Sangiorgi, both of whom are joining Datamars, along with all members of the Kippy team, to continue to advance the pet tracking business.
“We’ve had great success in Europe and have developed a strong and happy customer base of pet owners. By joining with Datamars we’re now able to take the next step to grow Kippy further and expand into other markets. Datamars’ strong presence in North America, Latin America and Australasia as well as Europe, combined with their global production and supply footprint and product development resource means we’re able to continue to invest in and evolve the Kippy offering and bring these great products to more pets and their owners around the world” says Marco/Simone.
Kippy will be an important part of Datamars’ companion animal ecosystem, which spans from identification to activity and health monitoring, to reunification solutions – enabled and supported by a digital customer environment and support services.
“We’ve always taken the view that collaboration and partnership is the best way to deliver great solutions in a way that’s seamless for customers. Both Kippy and Datamars aspire to the same vision and we are both passionate about combining our capabilities and strengths to continue to develop and deliver genuinely valuable solutions to pet owners,” says Daniele.
Existing Kippy customers will continue to be supported by Marco, Simone and the team as part of the wider Datamars group.
Growth Capital acted as sole financial advisor to Kippy, providing support and coordination in the transaction. Datamars has been supported by CMS as legal advisor and EY as tax advisor. Kippy has been supported by Almasta and Studio Corti&Fumagalli as legal advisor.