1 minute read | September.11.2023
Comitis Capital has acquired a majority stake in Cloud7 GmbH, a leading provider of premium dog accessories in Germany, Austria and Switzerland.
Orrick advised Comitis Capital.
Comitis Capital is an entrepreneurial private equity firm that focuses on investments in high-growth, medium-sized companies with revenues of up to €200 million in Europe, primarily in the DACH region.
Cloud7 has become a leading brand in the premium dog accessories market in the DACH region and has already received numerous brand and product design awards. Founded in 2010, Cloud7 is headquartered near Berlin.
Cloud7 is Comitis’ second growth partnership in the pet space, Comitis said in a statement.
“Cloud7 represents a great addition to our portfolio, strengthening and leveraging our existing presence in the thriving pet market”, said Nikolaus Bethlen, Managing Partner at Comitis.
Comitis Partner Csanad Daniel said Comitis is “committed to fueling the company's dynamic expansion plan.”
Orrick’s Oliver Duys led a team that advised Comitis Capital. The team also included Michael Gläsner, Julia Schmitz, Alessandro Saitta, Marianna Karapetyan, Henry Wu, Stefan Schultes-Schnitzlein and Lars Mesenbrink.