Cashing in on the need for animal care products
Lonely, locked-down homeworkers want pets, and pets want treats. Amid a surge in demand for furry friends during the pandemic, Rutland Partners sold care product company Armitage back into a hot pet market. Jason Sinclair reports.
The trump card on the sale was held by Rutland. “It was all capital-funded on completion,” says Ben Slatter, a partner at Rutland. “We weren’t going to accept a structure with earn-outs to hit. They could see the performance of the business, and we structured things in a way that was attractive to us, and to the management vendors as well.”
Continue reading
This content is not freely available. To access 'Cashing in on the need for animal care products' you need to be one of the following:
-
ACA student
-
This content is available to ACA students. If you want to start the ACA qualification there are several routes you can take
-
Business and Finance Professional
-
An internationally recognised designation and professional status from the ICAEW.
-
Corporate Finance Faculty
-
Get connected with the largest network of professionals involved in corporate finance and an invaluable source of expertise.