Opportunities in the Pet Industry

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February 28, 2024

by a searcher from University of Colorado at Boulder - Leeds School of Business in Boulder, CO, USA

Does anyone have any experience in the pet industry? I am working on a deep dive into the pet industry after speaking to a few sellers / br0kers and would like to get others' thoughts. DM me if you are interested in discussing this.

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Reply by a searcher
from Stanford University in North Carolina, USA
Hi Duncan, agree with clarification request from ^redacted‌. The space has varying degrees of competition depending on what specific segment you're going after. There's a ton of PE multi-site roll-up competition in the vet industry (valuations have gotten a little out of hand lately, even for small vet practices). Boarding isn't as competitive but it's the next frontier that's also garnering a lot of roll-up attention.
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Reply by a searcher
from Maastricht University in Hamburg, Deutschland
^redacted‌: Thx for tagging. I can’t really help on the pet industry specifically. However imo the biggest challenge in the pet/vet industry or any other decentralized „small locations“ business is the people mgmt/leadership on-site. I would keep an eye on that.
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