by Carol Frank | Oct 9, 2014 | The Pet Industry
There’s hardly a day goes by we don’t hear about a pet company being bought, sold, or capitalized. We are so fortunate to work in a growing, vibrant, and desirable industry, and as such there is a great deal of interest from buyers for pet companies with a good story...
by Carol Frank | Aug 11, 2014 | Business Advice
There seems to be some confusion among pet industry entrepreneurs between the terms “Venture Capital” and “Private Equity”. They are often used interchangeably, when in fact these two methods of gaining access to capital are quite different. Given the number of times...
by Carol Frank | May 28, 2014 | The Pet Industry
Partnering with Chinese manufacturers has been a significant factor in the explosive growth of the pet industry over the last 15 years. I don’t know what % of hard goods are made in China, but I’ll be it approaches 75% or more. When I owned my pet company, Avian...
by Carol Frank | Feb 26, 2014 | The Pet Industry
The pet industry is abuzz with rumors surrounding the huge multiple paid by Nestle for Zuke’s Pet Treats. A variety of very reliable sources have told me that the valuation multiple ranged from 12x to 15x EBITDA (Earnings before Interest, Taxes, Depreciation, and...
by Carol Frank | Jan 15, 2014 | The Pet Industry
I recently completed a research project to study the current and future landscape of the pet product distribution industry. Questions to be answered revolved around the active M&A activity and what does it mean for independent retailers, small distributors and...
