Pet Industry Deal Activity – Q4 2012
M&A Pet Transactions remained steady in the fourth quarter of 2012, with 7 announced transactions. Once again strategic acquisitions accounted for the majority of the transactions (85%); reinforcing the notion that now might be the time to sell.
Some good news for the industry: in October, Forbes Magazine announced that there is a growing pet industry sector, including franchising of pet services, such as dog-walking franchises, pet sitting franchises and pet hotels. Other pet-based businesses that are picking up momentum in the franchise sector include health insurance for pets and animal identification tags. Be on the lookout for companies in this sector to make noise in the New Year.