Tags » Humanization Of Pets

Convergence Theme Drives Second Largest Quarter of Pet Industry M&A Activity

The first quarter of 2015 has seen an unprecedented amount of announced and closed deals for the pet industry. In combination, the acquisitions of Big Heart Brands and MWI Veterinary Supply coupled with the take private of PetSmart resulted in a combined deal consideration of $17 billion. 801 more words

Consumer Products And Services

The Risk of Pet Food Price Deflation

As has often been discussed, the post recession rise of the pet industry is often linked to the ongoing upgrade cycle in pet food. Pet owners, fueled by a combination of love for their companion animals, human food trends, and supply chain concerns associated with foreign sourced product, began to spend more on what they were putting into their pets bowl on a daily basis, focusing on solutions with higher quality ingredients, known sourcing, and production integrity. 637 more words

Consumer Products And Services

Pet Industry Market Trends - Fall 2014

As we approach the bell lap in 2014, anticipated full-year performance for the pet industry is starting to come into clearer focus.  For the first time since we have been blogging about the industry, we believe projected growth might fall short of APPA projections.  823 more words

Consumer Products And Services

Are Public Offerings the Future of Middle Market Pet Company Exits?

In prior posts we have explored the notion that pet industry transaction volume is accelerating, and by all available measures in fact it is.  We have also delved into rumors of a public offering by Blue Buffalo later this year, noting the lack of public traded pure play pet companies.  505 more words

Valuation

Pet Industry Faces Headwinds, but the Sky is Not Falling

Last week, PetSmart announced first quarter earnings. The company reported slowing growth and negative same store sales.  I believe it was the first negative comp quarter in 16 years for PetSmart. 717 more words

Valuation

Deals a Prelude for a Shake Up in Natural Foods

A theme we have been emphasizing in our missives about the pet industry has been the concept of change. Industries evolve for a variety of reasons — innovation, regulation, exogenic shock, mergers/acquisitions, among others. 638 more words

Valuation

Pet Industry Market Trends - Spring 2014

With the benefit of hindsight, we know the pet industry produced another solid year for performance in 2013, generating growth of 4.5%.  Industry revenues climbed to $55.7 billion, with growth exceeding forecast by 0.2%.  754 more words

Valuation