PetEdge was founded in 1956, as New England Serum Company, to provide serums to local dairy farms in Massachusetts. Today, under the continued leadership of the Katz family, the Company is one of the largest national suppliers of grooming supplies and branded pet products. Groomers, kennels, veterinarians, breeders, and active pet enthusiasts have access to over 17,000 pet care products via catalog and website including more than 20 exclusive PetEdge brands.
Shields & Company advised PetEdge in completing a debt recapitalization with Wells Fargo and Massachusetts Capital Resources Company (MCRC) in order to support the Company’s continued expansion as a global leader in the pet care industry.
Shields & Company acted as a financial advisor to PetEdge, Inc. in the above transaction.