
S2 E3: PetSmart & Chewy: A private equity turnaround story
The Closer: Deals Change the World
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Raymond Spider's Story of Buying Chewy Shares
The chewy takeover was already shaping up to be one of the most successful private equity turnarounds in history. By this point, chewy shares had surged so high the e-commerce site was valued at $11 billion. And sales issues at PetSmart were improving. Then the pandemic happened and Miriam started thinking about getting a dog herself.
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