A Grand Junction-based pet care industry brokerage and advisory firm was involved in more than $16.6 million in transactions during the first quarter.

That followed more than $70 million in client sales in 2023 for PET|VET M&A Sales & Advisory.

“PET|VET is exceedingly optimistic about the substantial M&A activity witnessed in the pet care sector during the first quarter of 2024,” said Teija Heikkilä, founder, chief executive officer and principal broker of PET|VET M&A,
Sales & Advisory. “Building upon the momentum of an exceptional year in 2023, where we shattered records and surpassed existing multipliers, we extend our heartfelt gratitude to our clients for their trust in us with the most important financial decision of their lives.”

PET|VET M&A Sales & Advisory focuses on sales and consulting for pet resorts and veterinary practices.

Best Friends Pet Care, a play and stay pet destination with nearly 50 locations nationwide, recently purchased companies from three PET|VET clients — Fit N Fury in California, Wagbnb in Texas and the Hipster Hound in Georgia. A fourth client, All American Pet Resort in Michigan, was purchased by a private buyer.

Heikkilä said she’s confident about the potential for the pet care industry for the rest of 2024 and beyond.

For more information about PET|VET M&A, Sales & Advisory, visit www.petvetsales.com.