Halo, Purely for Pets, Inc.

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Halo, Purely for Pets, Inc. - overview

Established

1986

Location

Tampa, FL, US

Primary Industry

Consumer Products

About

Halo, Purely for Pets is a pet food company focused on providing high-quality nutrition for dogs and cats through natural ingredients and innovative formulations. Founded in 1986 and headquartered in Tampa, US, Halo, Purely for Pets, Inc. specializes in premium pet food products. The company underwent a significant pivot when it was acquired by Pegasus Capital Advisors in 2006.


The founder's history and previous entrepreneurial ventures are not disclosed. Halo Pets specializes in high-quality pet food and treats designed to meet the nutritional needs of dogs and cats. Their core offerings include freeze-dried raw food, dry food, wet food, and various treats, all made from whole meat and responsibly sourced ingredients. The company emphasizes the nutritional value and taste of its products, aiming to provide pet owners with convenient, healthy options that promote complete digestive health.


Targeting the health and well-being of pets, Halo's products are tailored for a diverse customer base, including pet owners seeking natural and nutritious food alternatives for their pets. The company distributes its products primarily in the United States, partnering with major retailers like Chewy and Amazon to reach a wide audience. Halo Pets operates on a business model that incorporates both direct-to-consumer sales and partnerships with retailers and wholesalers. Through these channels, revenue is generated from the sale of various pet food products, including their flagship offerings such as freeze-dried raw beef meal bites and holistic plant-based dog food.


The transactions typically occur via online platforms or retail stores, with customers purchasing individual products based on their specific pet health needs. Pricing for individual items varies, with several products often available at discounted rates compared to their standard retail prices. This structure allows Halo Pets to cater to a broad market, leveraging partnerships to enhance visibility and sales volume within the pet food sector. Halo, Purely for Pets is focused on expanding its product line with new offerings set to launch by mid-2024.


The company is strategically targeting entry into international markets, specifically Canada and Europe, aiming for a full rollout by 2025. The funding from the acquisition in 2006 will continue to support these initiatives, facilitating product development and market expansion efforts.


Current Investors

Pegasus Capital Advisors

Primary Industry

Consumer Products

Sub Industries

Pet Products

Website

www.halopets.com

Verticals

E-commerce, Manufacturing

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

Halo, Purely for Pets, Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
BuyoutCompletedHalo, Purely for Pets, Inc.-

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Halo, Purely for Pets, Inc. - employee data

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