Pet Industry Deal Activity – Q1 2014
M&A activity for the Pet industry has remained steady from Q4 2013 with another 7 transactions announced this quarter. Strategic acquisitions are still top dog when it comes to M&A activity. However, private equity is really ramping up their focus on the industry and are paying higher-then-standard PE multiples for branded pet companies. Overall the outlook in 2014 for the pet industry is positive! Growth is expected to continue across all pet categories at a rate of about 5 percent, with industry sales increasing to $64.92 billion in 2014, and a projected $75.09 billion by 2017, according to MarketResearch.com.