by Carol Frank | Mar 8, 2022 | Business Advice, The Pet Industry
2021 was a record year for M&A, which I’m sure no one would have predicted at the start of the pandemic. Driving this activity was low interest rates, a huge amount of capital that needed to be deployed by investors, and incredibly robust tailwinds for the pet...
by Carol Frank | Jul 21, 2021 | Business Advice, Exit Planning, The Pet Industry
“We are having our best year ever.” “We can’t keep enough product in stock to satisfy demand.” “We just had another record month.” These are among the many quotes I hear from pet companies across all spectrums of our industry. While COVID has wreaked havoc...
by Carol Frank | Apr 10, 2021 | 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 | 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...
