by Erin Fenstermaker | Oct 20, 2023 | Business Advice, Exit Planning, The Pet Industry
In our many years in M&A, we have learned (sometimes the hard way!) that clients who really understand how they will be “graded” during a sale process prior to undergoing one typically have better outcomes. Why? Because having that knowledge in...
by Carol Frank | Aug 2, 2023 | Business Advice
There has been a noticeable slowdown in pet M&A activity over the last year, primarily due to the combination of interest rate hikes and concern about a recession. In particular, given their dependence on leverage and loan availability, private equity activity...
by Erin Fenstermaker | May 25, 2020 | Exit Planning
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 on their hands than they typically do. One silver...
by Carol Frank | Mar 7, 2020 | Business Advice, Exit Planning
Recently I had the pleasure of speaking about pet industry M&A in front of a 100 or so of my pet industry colleagues at the 2020 Pet Summit in San Diego. While we covered a great deal of ground during my one-hour presentation, one of the main focuses was on...
by Erin Fenstermaker | Mar 24, 2019 | Business Advice, Exit Planning
Do you plan on selling your pet company someday? If so, what kind of planning are you doing NOW to ensure the best outcome when it is time to sell or find a majority investor? If you are like most business owners, the answer is unfortunately, “none.” The lack of...