August, 2023
In Q2 2023, the median transaction value in Pet was $14 million. In Q2 2023, strategic buyers accounted for 86% of transactions.
Select recent notable publicly announced M&A transactions:
– Destination Pet closed its acquisition of Pet Palace Pet Boarding Resort at an undisclosed value in June 2023.
– HomeLife Brands closed its acquisition of PetVet.Ai at an undisclosed value in May 2023.
– Vynetic closed its acquisition of Wagz for $1 million in May 2023.
– Inspire Veterinary Partners closed its acquisition of Dietz Family Pet Hospital (Veterinary Practice and Related Assets) for $0.5 million in April 2023.
– Realty Income Corporation closed its acquisition of Pet Emergency Clinic for $18 million in April 2023.
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