A Grand Junction-based pet care industry brokerage and advisory firm announced the sale of three pet care brands with a total of five facilities to a private equity firm.

The transaction follows what was in 2023 a record year for PET|VET M&A Sales & Advisory with 200 transactions worth a total of $450 million.

Under the bundled transaction, Trivest Partners and its pet services platform, Pet Resort Hospitality Group, purchased the Meadowlake Pet Resort and Training Center in Texas, Playtime Pet Resort in Pennsylvania and Williamsburg Pet Hotel and Suites in Missouri.

“The unparalleled success of this bundle asset sale far surpassed our initial expectations,” said Teija Heikkilä, founder, chief executive officer and principal broker of PET|VET M&A, Sales & Advisory. “Not only did our clients secure historically high multipliers in pricing, setting unprecedented benchmarks within the industry, but we also witnessed the highest level of participation from leading private equity firms. This enthusiastic engagement resulted in the remarkable valuations for the assets involved.”

Heikkilä said her firm will launch a targeted marking mailer campaign to showcase recent successes and the services it offers the pet care industry. For more information about PET|VET M&A,
Sales & Advisory, visit www.petvetsales.com.