Private Equity Perspectives on Animal Care in the Pandemic

In July, law firm Katten published a report about private equity activity in the animal care sector, based on survey responses from private equity investors and animal care operators. Kimberly Smith, a partner and co-chair of the Mergers & Acquisitions and Private Equity practice at Katten, joins the podcast to walk through those survey findings and what they reveal about how investors' outlook on the industry was impacted by the pandemic, and why animal care operators' sentiment toward private equity is changing. Smith also points to emerging opportunities in the animal care industry, what animal care practice owners say they want to hear from prospective buyers, and how an influx of investors is affecting the market. Katten's full report, "Pets a Good Bet: Private Equity Zeroed In on Animal Care, Survey Finds," is available here: https://katten.com/webfiles/PrivateEquityAnimalCareReport.pdf. Middle Market Growth magazine's September/October issue explored private equity's interest in a related industry, pet products. That article is available here: https://middlemarketgrowth.org/the-round-resilient-pet-industry-shows-private-equity-is-barking-up-the-right-tree/ The Middle Market Growth Conversations podcast is brought to you by the Association for Corporate Growth. To learn more about the organization and how to become a member, visit www.acg.org.