Destination Pet

Destination Pet

A provider of pet care services.

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DateInvestorsAmountRound
investor

€0.0

round

N/A

Growth Equity VC
Total Funding000k
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Destination Pet, LLC operates as a significant consolidator within the U.S. pet care industry, focusing on a comprehensive 'whole health' approach for companion animals. The company was established in 2017 with the backing of private equity firm L1 Health. It is led by CEO Dr. Ivan 'Trey' Sack, who brings extensive experience from his previous roles at major veterinary service providers like Strive Veterinary Management and VetCor. From its inception, Destination Pet has pursued an aggressive growth strategy centered on acquiring independent veterinary hospitals and pet care facilities. This strategy has enabled the company to build a large network of locations across the United States, offering a vertically integrated service model.

The company's business model revolves around providing a full spectrum of pet services under one umbrella, a concept often referred to as 'co-location'. This includes veterinary care, overnight boarding, daycare, grooming, and retail sales of pet products. By integrating these services, Destination Pet aims to capture a larger share of the pet owner's wallet and enhance convenience. The target clients are pet owners who seek high-quality, comprehensive care for their animals. The revenue model is based on direct fees for services rendered at its various facilities, ranging from routine vet check-ups and complex medical procedures to daily daycare fees and grooming appointments.

Destination Pet's service offerings are designed to cover the entire lifecycle of a pet's needs. Veterinary services form the core of the business, with an emphasis on providing high-quality medical, dental, and surgical care. This is complemented by ancillary services such as professional grooming, dog training, and boarding facilities that provide a safe and engaging environment for pets when their owners are away. A key selling point is the convenience of having multiple pet care needs met at a single location, which simplifies the experience for the pet owner. The company positions itself as a long-term partner in a pet's health and well-being, fostering a community culture within its numerous locations across the country.

Keywords: pet care services, veterinary medicine, animal health, pet boarding, dog grooming, pet wellness, veterinary hospitals, animal daycare, pet services consolidation, integrated pet care

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Investments by Destination Pet

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Pawprints of Vero Beach
ACQUISITION by Destination Pet Feb 2023
Roscoe's Bed + Bark
ACQUISITION by Destination Pet Jan 2024