Chewy to acquire omnichannel veterinary platform Modern Animal
Chewy is taking a big step toward evolving into a fully integrated omnichannel pet healthcare provider.
The digitally native pet supplies retailer has entered into a definitive agreement to purchase Modern Animal Inc., an omnichannel veterinary platform with 29 owned clinics, 24/7 virtual care, and a membership model.
Chewy expects the acquisition to add over $125 million in annualized run rate revenue and scale the footprint of its Chewy Vet Care brick-and-mortar footprint from 18 to 47 locations nationwide.
[READ MORE: Chewy enters brick-and-mortar with first vet care practice]
“Modern Animal perfectly complements our strategy to become the preeminent end-to-end pet health ecosystem, utilizing both owned and asset-light models,” said Chewy CEO Sumit Singh. “This deal accelerates our vet care expansion, drives higher long-term customer value, and creates a clear competitive moat in the industry.”
Chewy intends to combine its 21 million active customers, Autoship subscription program, scaled Rx platform, and existing Chewy Vet Care network with Modern Animal’s in-person pet care to create a leading veterinary clinic footprint in the U.S.
“Since inception, our focus has been on prioritizing the human experience of both accessing and delivering care,” said Steven Eidelman, founder and CEO of Modern Animal. “Chewy shares that vision, and we are committed to building the future of veterinary care together, through medical excellence, expanded access and exceptional experiences for both pet parents and the veterinary teams that support them.”
Chewy’s existing health offerings, in addition to its Vet Care clinics, include a pet pharmacy, tele-triage services, pet-first insurance and wellness plans. The company offers routine wellness exams, urgent care, dental care, vaccinations, surgeries and more for dogs and cats.
The company also sees the acquisition as expanding its ability to acquire and engage high-value customers, driving incremental growth across its core e-commerce business through increased retention, cross-category purchasing, and prescription adoption.
The transaction is subject to customary closing conditions, including regulatory approval. Closing is expected to occur in the company’s second quarter of fiscal year 2026. Following the signing of this definitive agreement, Chewy’s board of directors authorized an increase of $500 million to the company’s existing share repurchase program.
Through its websites and mobile applications, Chewy offers approximately 190,000 products.
