The BGL Consumer Products & Retail Services Insider addresses capital markets and mergers and acquisitions activity, financial and operating performance of certain publicly-traded companies, and trends and issues affecting the industry.
Consumer products M&A remains robust, driven by accelerating consumer spending and passionate pursuit of personal fulfillment. Acquisitions are in focus to meet ambitious revenue and earnings targets for growth-starved, cash-rich corporate buyers, while investors are drawn to niche brands in enthusiast categories experiencing strong secular tailwinds.
Developing themes in the Health & Wellness, Outdoor & Active Lifestyle, and Pet industries are explored. Premium products and services are expected to fuel growth in the fragmented pet industry, which increasingly has seen investors circling the space. Private equity is aggressively pursuing acquisitive growth for current investments. Joe Rondinelli of Frontenac Company discusses industry dynamics and growth plans for newly-formed Whitebridge Pet Brands, a leading provider of natural pet food and treats.