Morning Hubsters,
Happy Fri-yay! John R Fischer, here, in the New York newsroom with the US Wire.
Pet owners are spending more money on their furry little ones, including their medical care. Today, we’re featuring my 2024 look-back on deals in that sector. L Catterton, RF Investment Partners and TA Associates are all investing in it.
Then, we’ll look at some interesting deals announced this week in the home-based care sector, an area of dealmaking that I explored yesterday.
And finally, let’s head into the weekend with some new findings from a KKR global report on macro trends expected to influence investment returns in the new year.
Keeping your pets healthy
Several private equity firms flocked to invest in the fragmented vet and broader pet care market in 2024, with the trend projected to continue in 2025.
I rounded up three trends that drove these deals over the past year.
Subscribe to the premium version to learn more.
More home-based care
In yesterday’s Wire, PE Hub senior reporter Michael Schoeck included another look-back of mine on home-based care.
PE Hub covered three other deals announced this week alone in the sector.
You can read about them in the premium version.
Glass still half full
At this time of year, we look forward to reading KKR’s outlook report written by Henry McVey, and this year’s edition is especially significant.
Subtitled “Glass still half full,” McVey’s intro is a bit long for the Wire, but we found it compelling enough to include in its entirety.
Premium subscribers can read the intro.
I’m signing off for the week -- and this year!
Craig McGlashan will be in the Europe chair on Monday, and Rafael Canton will bring you the US Wire.
Happy holidays and see you in the new year,
John
Read the full Wire commentary on PE Hub ...
