2H 2024 Deal Hound M&A Report

While deals across the pet services sector may have lagged slightly in past years, we’re watching two seemingly opposing forces that may combine to boost activity in the sector. On one side, there’s a mountain of cash sitting in private equity coffers referred to in one report as an “unprecedented war chest” estimated at about $2 trillion. And that cash has an expiration date as antsy investors are eager to see their money put to work. Adding to the stockpile of available capital, Fed interest rates appear to be...