PetSmart LLC

Phoenix, Arizona

Classification

Private

Financials

Revenue & Profit

Revenue

Valuation

Valuation

Ratios

Revenue / EBITDA
$123 MM
Valuation / Revenue
$123 MM
Valuation / Employees
$123 MM
EBITDA / Revenue
$123 MM
1-Year CAGR (Revenue)
03
3-Year CAGR (Revenue)
11
1-Year CAGR (Employees)
19
3-Year CAGR (Employees)
96

People

Employee Figures

Employees

Key Executives

NameTitleSocialsEmailPhone
John DoeEmployee
--
Jane DoeEmployee
John DoeEmployee
John DoeEmployee

401K

Total Active Participants
1234
No. Participants with Account Balances
56789
Total Liabilities Start of Year
1234
Total Assets Start of Year
56789

Deals

M&A2024-03-15Completed

Seller

Founders Group

Investor Sponsors

NorthBridge PE

Deal Amount

$120M

Target Company Valuation

$1.20 MM

Techniques

Acquisition of Assets, Taken Private

Stake Tags

100%

Is PE deal

Yes

Is deal PE backed

Yes

Total Acquired

100%

Secondary Transaction2023-09-01Canceled

Target

BrightHealth Technologies

Seller

Early Investors Consortium

Investor Sponsors

--

Deal Amount

Undisclosed

Target Company Valuation

NaN

Techniques

Secondary Sale, Management Buy-out (MBO)

Stake Tags

Majority

Is PE deal

No

Is deal PE backed

Yes

Total Acquired

65%

Funding

About

About

PetSmart, Inc., founded in 1986, is a leading specialty retailer of pet products and services, headquartered in Phoenix, Arizona. Established by Jim and Janice Dougherty, the company has grown into one of North America's largest pet retail chains, operating over 1,650 stores across the United States, Canada, and Puerto Rico. PetSmart offers a wide range of pet supplies, including food, toys, and accessories, alongside services such as grooming, boarding, and veterinary care. Initially named PetFood Warehouse, the company rebranded to PetSmart in 1989 to reflect its broader focus. Acquired by BC Partners in 2015 for $8.7 billion, PetSmart remains privately held, maintaining a 25% U.S. pet store market share as of 2024. Business/Product Breakdown PetSmart provides a comprehensive suite of pet-related products and services through its retail stores, e-commerce platform (petsmart.com), and strategic partnerships. Its product offerings include pet food, treats, toys, beds, aquariums, and healthcare items for dogs, cats, birds, fish, reptiles, and small animals, catering to diverse pet owner needs. The company emphasizes premium and natural products, aligning with consumer trends toward pet health and wellness. PetSmart's services include in-store grooming salons, PetsHotel boarding facilities, dog training classes, and Banfield Pet Hospital clinics for veterinary care, available in select locations. The company also operates adoption centers in partnership with local shelters, facilitating over 10 million pet adoptions since 1994. Its omnichannel strategy integrates brick-and-mortar stores with online sales, offering same-day delivery, curbside pickup, and subscription services like auto-ship. Strategic initiatives, such as the 2021 Afterpay partnership, enhance customer convenience, while exclusive brands like Arcadia Trail and Top Paw drive profitability. PetSmart's diversified revenue streams and market leadership position it as a one-stop shop for pet owners.

Keywords

Keywords

Classified

Private