Pet Supplies Plus

Pet Supplies Plus is a leading franchisor and operator of pet specialty stores that provide a customer-centric shopping experience in smaller stores. Recognized by Entrepreneur magazine as the top full-service pet supplies franchise in the United States, Pet Supplies Plus stores blend the advantages of national scale with those of a friendly, local neighborhood pet store. When Sentinel invested, the Pet Supplies Plus system had 448 stores in 33 states, split evenly between franchised and company-owned locations. Pet Supplies Plus also operates a distribution network with significant buying power that provides scale, profitability, and operational advantages to its franchisees. Pet Supplies Plus is for its excellent performance, financial strength and stability, growth rate, and system size.

In the two and a half years of its productive partnership with Sentinel, Pet Supplies Plus performed superbly, enjoying substantial sales and profit growth. When Sentinel sold the company to strategic buyer Franchise Group (NASDAQ: FRG), Pet Supplies Plus’s talented management team continued to run the business.