Eight Advisory advised Comitis Capital GmbH on the acquisition
24 Jul 2023
24 Jul 2023
Eight Advisory carried out the financial and tax buy side due diligence on behalf of Comitis Capital GmbH in the context of its acquisition of Cloud7 GmbH.
Cloud7 GmbH has firmly established itself as a leader in the premium dog accessories market with a pristine brand image offering high quality products. Petra Jungebluth, the company’s founder and CEO, has built a remarkable enterprise which is ready for the next phase of growth.
Comitis Capital GmbH, a leading investment firm specializing in strategic acquisitions, turned to Eight Advisory for its experience in financial transactions.
Eight consultants contributed to this transaction:
Marc Niclas, Partner at Eight Advisory:
“We are honoured to have had the opportunity to support Comitis Capital GmbH in this acquisition. Cloud7 GmbH is an exciting company with strong growth potential, and we are convinced that this combination will create new opportunities and generate significant added value for all parties involved.”
Petra Jungebluth, Founder & CEO of Cloud7:
“We chose Comitis Capital as our partner to enter a new era of rapid expansion. Their deep understanding of our business model and entrepreneurial thinking have left us convinced that they are the right choice to bring Cloud7 to the next level. Their value-based investment approach aligns perfectly with our vision and we see significant opportunities for Cloud7 ahead”.
Nikolaus Bethlen, Managing Partner at Comitis Capital:
“Cloud7 has firmly established itself as a leader in the premium dog accessories market with a pristine brand image offering high quality products. Petra Jungebluth has built a remarkable enterprise which is ready for the next phase of international growth. Cloud7 represents a great addition to our portfolio, strengthening and leveraging our existing presence in the thriving pet market”.