by Carol Frank | Jul 31, 2025 | Business Advice, Mergers & Acquisitions
For the first time in my 16 years advising pet industry business owners on mergers and acquisitions, I stood in front of my 2025 Global Pet Expo audience and said something I never expected to: “Now may not be the ideal time to sell your pet company.” That statement...
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 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...