Delphi advisor to Hästnet in connection with private placement and acquisition of Pets4Homes

Delphi has advised Hästnet in connection with a private placement and on Swedish law aspects of the acquisition of Pet Media Limited, owner of the websites Pets4Homes.co.uk and PetForums.co.uk.

Lead investors in the private placement include Verdane, Otiva (Filip Engelbert and Jonas Nordlander, founders of Avito) and Back In Black Capital.

Hästnet operates the website Hastnet.se, which is Sweden’s largest classifieds website for equestrian sports and related goods and services, with app. 20 million monthly page views.

Pets4Homes.co.uk is Europe’s largest classifieds website for pets, with app. 4 million monthly active users. PetForums.co.uk is the largest internet forum for pet related subjects in the UK.

Delphi also advised in connection with the original acquisition of Hästnet in 2018 by an investor consortium led by Axel Lagercrantz.

Delphi’s team consisted of Jonas Ingvarson and Therese Virgin.