Phaceliacapital Posted August 20, 2014 Share Posted August 20, 2014 Thanks for sharing Ross, I really liked the Fortune article but as I have the tendency to classify retail as a bad industry I didn't look into it further, might have to anyway :) And yeah, my timing is always off so Ross, you're welcome ;) Link to comment Share on other sites More sharing options...
CorpRaider Posted November 19, 2014 Share Posted November 19, 2014 I'm sure those with an interest are aware, but PETM is up ~5% today on reports KKR is coming in with a bid with Apollo and others potentially waiting in the wings. Link to comment Share on other sites More sharing options...
CorpRaider Posted December 14, 2014 Share Posted December 14, 2014 http://finance.yahoo.com/news/bc-partners-acquire-petsmart-8-220449480.html Looks like around 9 x EBITDA; 8.7 billion. Link to comment Share on other sites More sharing options...
randomep Posted December 15, 2014 Author Share Posted December 15, 2014 http://finance.yahoo.com/news/bc-partners-acquire-petsmart-8-220449480.html Looks like around 9 x EBITDA; 8.7 billion. woohoo Link to comment Share on other sites More sharing options...
berkshire101 Posted December 15, 2014 Share Posted December 15, 2014 Yay! Although I bought PETM with the intent of selling it a much higher price a couple of years from now, I can't complain. Link to comment Share on other sites More sharing options...
randomep Posted December 16, 2014 Author Share Posted December 16, 2014 Now that both PETCO and PETM are private, any other investment ideas in the pet space? thanks Link to comment Share on other sites More sharing options...
LC Posted December 16, 2014 Share Posted December 16, 2014 PETS Petmed Express. Link to comment Share on other sites More sharing options...
Ross812 Posted December 16, 2014 Share Posted December 16, 2014 No ideas for me either. I'm not a fan of Petmed Express which is a melting ice cube at best. I missed the move from 70 to 80. I honestly didn't think they would be taken private. I thought a leveraged buy back was more likely. TJX is my only retail investment right now and where every dollar from my >10% PETM investment went. Link to comment Share on other sites More sharing options...
CorpRaider Posted December 16, 2014 Share Posted December 16, 2014 Now that both PETCO and PETM are private, any other investment ideas in the pet space? thanks ZTS and Freshpet. Not that either is a buy here. Just maybe if you want stuff to watch in the space. Link to comment Share on other sites More sharing options...
ATLValue Posted January 29, 2015 Share Posted January 29, 2015 I saw this idea on seeking alpha and thought it was somewhat compelling although I have to admit I dont completely understand what happens and the mechanics. http://seekingalpha.com/article/2863216-petsmart-opportunity-to-invest-in-the-intrinsic-value-that-a-private-equity-buyer-is-getting-in-a-forced-sale Has anyone bought with the intention of having this appraisal value opportunity? Link to comment Share on other sites More sharing options...
Guest Schwab711 Posted January 29, 2015 Share Posted January 29, 2015 Now that both PETCO and PETM are private, any other investment ideas in the pet space? thanks ZTS Link to comment Share on other sites More sharing options...
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