Kriser's Natural Pet
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Kriser's Natural Pet - overview
Established
2006
Location
Chicago, IL, US
Primary Industry
Consumer Products
About
Kriser's Natural Pet is a retailer specializing in premium pet products, focusing on high-quality food, treats, and supplies for dogs and cats, designed to meet the needs of health-conscious pet owners. Founded in 2006, Kriser's Natural Pet is a Chicago-based retailer that provides natural pet food and supplies. The company was formed without any known pivots in its business strategy and has not disclosed any subsidiaries. The founder's history is not available, and Kriser's has raised funds through 4 deals, with the most recent on June 1, 2017, where management acquired ownership from investors River Hollow Partners, Quadrant Capital Advisors, and Alliance Consumer Growth.
Kriser's Natural Pet Store specializes in offering premium pet products and supplies, primarily focusing on food, treats, and accessories for dogs and cats. The company’s core offerings include a range of dry and frozen pet foods, such as Fromm Gold Grain Inclusive Adult Dry Dog Food and Open Farm Wild Caught Salmon & Ancient Grains Dry Dog Food. Additionally, the store emphasizes convenience for pet owners through services such as same-day delivery within a 15-mile radius of its locations, online ordering with in-store pickup, and autoship options that provide discounts on regular purchases. Targeting pet owners across various demographics, Kriser's serves customers in urban and suburban areas, with a notable presence in locations including Chicago, Denver, and Greenwood Village.
The company positions itself in the natural and holistic segment of the pet food industry, appealing to health-conscious pet owners seeking high-quality nutrition for their pets. Kriser's Natural Pet Store generates revenue primarily through direct-to-consumer sales via its retail locations and online platform. The company employs a transactional structure that includes both in-store purchases and online orders, supplemented by subscription services such as autoship, which offers significant savings to loyal customers. Pricing for products varies based on type and brand, with flagship offerings like Fromm and Open Farm being prominent in its inventory.
The company also facilitates local delivery for orders over a specified amount, enhancing its customer service and driving repeat business. This multifaceted approach to revenue generation allows Kriser's to cater to a diverse client base while reinforcing its brand as a trusted source for premium pet supplies. Kriser's Natural Pet's future growth strategy includes plans to introduce new products that focus on health-oriented pet supplies, with specific launch dates to be determined. The company aims to expand its presence in new markets, targeting regions such as the Southeastern US by 2025.
The recent acquisition by management in June 2017 will support these initiatives by allowing for reinvestment into product development and market expansion efforts.
Primary Industry
Consumer Products
Sub Industries
Consumer Products, Retail
Website
www.krisers.com
Verticals
Social Media
Total Amount Raised
Subscriber access only
Kriser's Natural Pet - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sale to Management | Completed | Kriser's Natural Pet | - | ||||||||
| Unspecified Exit | Completed | Kriser's Natural Pet | - | ||||||||
| Growth | Completed | Kriser's Natural Pet | - | ||||||||
| Growth | Completed | Kriser's Natural Pet | - |
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