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MPA - Mad Paws Holdings

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Mad Paws is an Australia-based pet services business largely co-founded in 2014 by Justus Hammer (Group CEO), Alexis Soulopoulos (CEO New business) and Jan Pacas (Chair), with a vision to make pet ownership easier and the aspiration to create Australia's #1 pet services marketplace.

Mad Paws' primary business activity is the operation of a pet care services online marketplace. The Mad Paws marketplace matches and connects pet owners seeking pet care services, such as pet sitting, walking, day care and grooming, with pet sitters, walkers and other pet service providers registered on the marketplace.

Mad Paws initially launched its pet care services marketplace in 2015, offering holiday pet sitting services to pet owners, with the offerings on the marketplace having since expanded to include additional high frequency pet care services such as pet walking, day care, grooming and house visits to complement the traditional holiday pet sitting services.

At 30 June 2020, Mad Paws had a database of over 19,000 pet service providers (pet sitters, walkers and groomers) registered on the marketplace across Australia and over 450,000 user sign ups (pet owners), with more than 180,000 services having been booked through the marketplace since initial launch.

In addition to the online marketplace, Mad Paws commenced a new pet food business category in August 2020, with the launch of the Mad Paws Dinner Bowl pet food subscription product. Mad Paws Dinner Bowl is a healthy fresh pet food subscription service providing pet owners with pre-prepared, individually packed meals for their pets.

Mad Paws has also entered into arrangements with Pacific Insurance and AI Insurance to provide Mad Paws-branded pet insurance products, with marketing and sales activities expected to commence in the first half of 2021.

It is anticipated that MPA will list on the ASX during March 2021.

 
Listing date26 March 2021 #
Company contact detailshttps://www.madpaws.com.au
Ph: +64 800 469 366
Principal ActivitiesMad Paws’ primary business activity is the operation of a pet care services online marketplace. The Mad Paws marketplace matches and connects pet owners seeking pet care services, such as pet sitting, walking, day care and grooming, with pet sitters, walkers and other pet service providers registered on the marketplace.
GICS industry groupTBA
Issue Price$0.20
Issue TypeOrdinary Fully Paid Shares
Security codeMPA
Capital to be Raised$12,000,000
Expected offer close date23 March 2021
UnderwriterFoster Stockbroking Pty Limited and CCZ Statton Equities Pty Ltd (Joint Lead Managers)

- my pet isn't allowed to use my devices ... keeps forgetting the passwords. And pets.com was the peak of the 2000 tech bubble V1.0
 
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