Fewer Deals, Higher Multiples: What Our Q1 2026 Pet M&A Data Signals

R.L. Hulett’s Q1 2026 Pet M&A Data Featured in PetRetailNews


R.L. Hulett’s Q1 2026 Pet Industry M&A data just got picked up by PetRetailNews.

Every quarter, our team pulls together this data and asks the same question: what’s actually changing beneath the headline numbers? This quarter, the easy headline would’ve been “deal volume is down.” But that misses the more interesting story – valuations climbed at the same time.

Fewer deals, better multiples. Buyers aren’t stepping back from the pet sector – they’re getting pickier, and they’re paying up for the assets that clear their bar. That’s not a slowdown. That’s a flight to quality.

PetRetailNews summed it up well: “Pet M&A Volume Fell. Valuations Rose. That’s the Signal.”

Full article here: [link]

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