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Pet Materials Additionally Acquires 20 Loyal Companion Pet Stores in Northeast | Franchise Mergers and Acquisitions

Pet Provides Plus obtained 20 Loyal Companion Pet Outlets, to be transformed into 10 Pet Materials As well as and 10 Wag N’ Wash shops.

A rebrand is on the way for 20 Faithful Companion Pet Retailers in the Northeast soon after becoming acquired by Pet Supplies As well as. Ten shops will be converted to Pet Supplies Additionally and 10 to Wag N’ Clean. Both brands are owned by Franchise Group Inc.

Pet Materials In addition procured the Faithful Companion units from Unbiased Pet Partners, Loyal Companion’s parent organization.

“We’re always seeking for good web-sites,” Pet Provides As well as CEO Chris Rowland reported. “We have a backlog of franchisees that are hunting to open up up outlets. We have 270 discounts that are marketed that are not open, so we have a large amount of people looking to get merchants.”

Independent Pet Associates achieved out to Pet Provides Furthermore previously this year to see if the firm, a person of seven principles below Franchise Group Inc., was fascinated in obtaining the merchants. The models are positioned in Massachusetts, Maryland, Virginia, New Hampshire and Maine, and Pet Materials Additionally was on the lookout to develop its existence in New England, Rowland said.

Twelve of the 20 merchants are owned by franchisees Caitlin Greene, Ryan Greene and Ray Vigneault. 4 of these 12 will be transformed to Wag N’ Wash merchants and the remaining eight will be Pet Materials Plus. The franchisee group now has 37 merchants beneath the Pet Provides As well as umbrella.


Pet Supplies Additionally CEO Chris Rowland and two of his companions.

The rest are owned by company, but franchisees, “for all intents and uses, they’ve previously taken above all those stores,” Rowland mentioned.

The enterprise expects merchants to re-open up in about a thirty day period, Rowland stated.

Pet Provides As well as has attained traction in the latest yrs, with far more than 660 merchants in 41 states, and expects to open up an additional 70 suppliers by the stop of 2023.

“Generally talking, regardless of some craziness in the financial state, we’re quite delighted with how issues are heading,” Rowland claimed.

Including 10 Wag N’ Wash shops nearly doubles the brand’s unit count, from 14 shops to 24, with about 40 additional in the pipeline. Pet Materials Plus acquired the grooming providers manufacturer in early 2022, the first acquisition soon after Franchise Team acquired it in 2021.

“We realized that the Wag N’ Wash brand name was going to improve pretty promptly,” Rowland reported. “The assets are one thing that we have had in location, and we are capable to leverage some current Pet Supplies Plus, equally sources and programs, to aid with the Wag N’ Wash brand.”