PetMed Express closes $36M all-cash acquisition of PetCareRx

PETMED EXPRESS INC

Total consideration of approx $36M in all-cash transaction.
Adds about 10,000 incremental pet food, diet and wellness products.
Expands PetMeds' addressable market from pet medication to broader healthcare.
PetCareRx brand and e-commerce operation will continue to run separately.
CapM Advisors acted as financial advisor to PetMeds.

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