by Carol Frank | Oct 21, 2020 | Business Advice, Exit Planning, The Pet Industry
Why this may be the best time to sell your company! In this very strange time we are all in, I have made a point to look for silver linings from this pandemic–even when many people are without jobs, are immersed in the CARES Act details and may have more time...
by Carol Frank | May 20, 2020 | The Pet Industry
The Pet Industry is Surviving and Even Thriving Are you getting tired of looking at the news every morning and seeing nothing but doom, gloom, and political turmoil? I guess the old adage that “bad news sells” is in full swing right now. Well, that does not apply to...
by Carol Frank | Oct 17, 2019 | Business Advice, The Pet Industry
An interview with Starmark Pet Product’s Keith Benson In my daily interactions with pet company CEO’s and owners, I often hear them remark about their desire to make more of their products in the U.S., but then follow that on with the difficulties and challenges of...
by Carol Frank | Jun 24, 2019 | Business Advice, The Pet Industry
One of the most common questions that I get as an M&A specialist in the pet industry is “How can I find capital to grow my business?” Growing a pet products company takes access to cash as you build your inventory and accounts receivable. Ironically, the faster...
by Carol Frank | Mar 15, 2019 | The Pet Industry
The last six months has seen a big surge in the sale of pet durables (aka hard goods) companies at very solid valuations. My firm was involved in three transactions – the sale of Ultra Paws to R2P Pet, the sale of Planet Dog to Outward Hound, and Gen7 Pets to Petmate....
by Carol Frank | Sep 6, 2018 | Business Advice, The Pet Industry
by Carol Frank and Craig Lawson Growth through acquisitions has become more prevalent in recent years as business owners view this tactic, among other things, as a way to increase revenue without a significant increase to overhead. In investment bank speak, this is...