Ownership profile
Who owns Petco?
Petco is a publicly traded company on Nasdaq (WOOF), but it remains effectively controlled by private equity firm CVC Capital Partners and the Canada Pension Plan Investment Board, who together hold approximately 51.2% of voting power through a vehicle called Scooby Aggregator, LP — meaning PE sponsors still call the shots despite the 2021 IPO.
Ownership profile
Petco
Petco Health and Wellness Company, Inc.
Evidence (10)
Petco's stock (WOOF) is actively trading on Nasdaq with a market cap of approximately $650M as of late September 2026.
https://stockanalysis.com/stocks/woof/CVC Management Holdings II Ltd. (CVC's vehicle) led all 13F holders of WOOF with 145.92 million shares as of June 30, 2026; Canada Pension Plan Investment Board held 59.77 million shares.
https://businessquant.com/stocks/woof/institutional-ownership/Petco's 2026 proxy statement describes it as a Nasdaq-listed 'controlled company' with its principal stockholder holding about 51.2% of voting power for director elections.
https://www.stocktitan.net/sec-filings/WOOF/def-14a-petco-health-wellness-company-inc-definitive-proxy-statement-64da523b17b2.htmlPetco's legal entity is Petco Health and Wellness Company, Inc., incorporated in Delaware, trading on Nasdaq under ticker WOOF since its January 2021 IPO.
https://www.sec.gov/Archives/edgar/data/1826470/000095017024019763/woof-ex99_1.htmThe company was originally formed as PET Acquisition LLC on November 19, 2015, as an acquisition entity controlled by Scooby LP, indirectly owned by CVC Capital Partners and Canada Pension Plan Investment Board.
https://www.sec.gov/Archives/edgar/data/1826470/000119312524151931/d842334dars.pdfIn January 2021, membership units were contributed into a newly formed entity, Scooby Aggregator, LP, then Petco converted to a Delaware corporation and completed its IPO.
https://www.sec.gov/Archives/edgar/data/1826470/000119312524151931/d842334dars.pdfAfter the January 2021 IPO, Petco continued to be controlled by CVC Capital Partners and Canada Pension Plan Investment Board, described as a portfolio company of those firms at IPO.
https://www.rwbaird.com/transactions/investment-banking/dealcard/5674/CVC Capital Partners and CPPIB acquired Petco for $4.6 billion in 2016 in a leveraged buyout, taking the company private.
https://retailrestaurantfb.com/petco-to-be-acquired-by-international-investors/CVC Capital Partners (Fund VI) and CPP Investments agreed to buy Petco for approximately $4.6B in November 2015, closing in early 2016 — a heavily levered secondary buyout.
https://www.teardown.ai/companies/petcoPetco's ownership history includes multiple prior PE buyouts: Leonard Green & Partners and TPG took it private in 2000 for $600M, relisted in 2002, then took it private again in 2006 for ~$1.7B.
https://www.teardown.ai/companies/petcoWhat's uncertain
- Although Petco is publicly traded (structure = 'public'), CVC Capital Partners and CPPIB together retain majority voting control via Scooby Aggregator, LP, making pe_involvement 'influenced' (majority of economics + voting control, but shares also trade publicly).
- The exact current percentage of economic ownership (vs. voting power) by CVC and CPPIB post-2026 secondary sales, if any, could not be fully verified from available filings; the 51.2% voting figure is from the 2026 proxy.
- CPPIB is a sovereign pension fund, not a traditional PE fund, but is co-investing alongside CVC Capital Partners in a PE-structured buyout vehicle and is treated here as part of the PE ownership group.
- CVC Management Holdings II Ltd. is the SEC 13F reporting entity for CVC's stake; the ultimate fund is CVC Capital Partners Fund VI.