Pet Supplies Plus Acquires 20 Loyal Companion Pet Stores

Livonia, Mich. — Pet Supplies Plus, the largest independent pet retailer in North America with over 660 stores in 41 states, and Wag N’ Wash, the emerging grooming, self-wash and natural pet food franchise, are expanding in the Northeastern United States through their latest acquisition of 20 Loyal Companion pet stores from their parent company, Independent Pet Partners. Of these 20 stores located in Massachusetts, Maryland, Maine, New Hampshire and Virginia, 10 will be Pet Supplies Plus stores and 10 will be Wag N’ Wash stores.

“This is an incredible way to start the year, as this acquisition allows Pet Supplies Plus and Wag ‘N Wash to considerably grow their presence throughout the Northeast in a brief period,” says Chris Rowland, CEO of Pet Supplies Plus and Wag N’ Wash.

While eight of the converted stores are corporate stores for now, 12 are owned by the company’s first dual-branded franchisee group comprised of Caitlin Greene, Ryan Greene and Ray Vigneault. Through this acquisition, Greene, Greene and Vigneault will grow their portfolio by eight Pet Supplies Plus stores and four Wag N’ Wash stores, bringing their total store count to 37 comprised of 28 Pet Supplies Plus stores and nine Wag N’ Wash stores.

“Over the last few years, we’ve grown with Pet Supplies Plus and, more recently, with Wag N’ Wash. This new acquisition is yet another opportunity to expand our multi-unit, multi-brand portfolio and serve more pet parents through our vast service offerings,” says Vigneault.

This acquisition will also grow Wag N’ Wash’s national store count from 14 to 24 with several dozen more in the pipeline to open within the next few years. Wag N’ Wash also plans to open a corporate Wag N’ Wash near its headquarters in Michigan this spring.

“We would like to thank everyone involved who helped execute this acquisition so quickly and so smoothly. We are incredibly excited to bring even more neighbors the best-in-class products and services that Pet Supplies Plus and Wag N’ Wash offer,” says Nick Russo, chief development and stores officer of Pet Supplies Plus.

The company plans to convert the eight recently acquired locations operating as corporate stores to franchisee-owned stores within the next few months.

Headquartered in Livonia, Mich., Pet Supplies Plus is a subsidiary of Franchise Group, Inc., and has over 660 locations in 41 states and counting. For more information, visit www.petsuppliesplusfranchising.com.

Wag N’ Wash Natural Pet Food & Grooming, a full-line dog grooming and self-wash specialty retail destination, has 14 locations open across the nation. For more information, visit www.wagnwashfranchising.com.

 

 

 

 

SOURCE: Pet Supplies Plus