Tiki Pets

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Tiki Pets - overview

Established

2005

Location

Chesterfield, MX-MOR-Morelos, US

Primary Industry

Consumer Products

About

Tiki Pets is dedicated to providing high-quality, meat-forward pet foods specifically formulated for the nutritional needs of cats and dogs, promoting optimal health and hydration for pets. Tiki Pets is a company that specializes in premium pet foods. Founded in 2005, it is located in Chesterfield, US. In December 2014, Cloud Star, LLC, a portfolio company of Frontenac Company, agreed to acquire Tiki Pets, completing the transaction in January 2015.


The company has engaged in 2 deals in total, with the most recent deal occurring on December 30, 2014. Tiki Pets specializes in high-quality, meat-forward pet foods designed to meet the nutritional needs of cats and dogs. Their core product offerings include Tiki Cat and Tiki Dog, which consist of a range of wet foods, treats, and toppers that mimic the natural prey diets of these carnivorous pets. By prioritizing high levels of animal protein, these products aim to provide optimal nutrition and hydration, especially considering that many pets do not consume enough water.


Tiki Pets' products are formulated to be versatile, allowing them to be served alone or combined to enhance mealtime variety and nutritional benefits. The company caters to pet owners who prioritize their pets' health and well-being, with a customer base that spans multiple geographical markets, including North America and select international regions. Tiki Pets generates revenue through direct sales of its pet food products to consumers as well as partnerships with retailers and wholesalers. The business model encompasses both B2B and direct-to-consumer transactions, allowing for a diverse distribution strategy.


Customers can purchase individual products or bulk offerings through various channels, enhancing accessibility for pet owners. The company's flagship products, such as Tiki Cat Solutions and Tiki Dog wet foods, are positioned in the premium segment, reflecting their focus on high quality and nutritional value. Pricing structures are designed to be competitive within the premium pet food market, aligning with the brand's commitment to offering superior nutrition through carefully crafted formulations. Tiki Pets plans to expand its product line, focusing on the development of new offerings that align with evolving pet nutrition trends.


The company is specifically targeting new geographic regions for expansion, including further penetration into international markets by 2025. Recent funding from the acquisition by Cloud Star, LLC will be utilized to support these initiatives, enhancing product development and marketing efforts to reach a broader customer base.


Current Investors

Whitebridge Pet Brands, LLC, Cloud Star, LLC

Primary Industry

Consumer Products

Sub Industries

Pet Products

Website

www.tikipets.com

Company Stage

Merged

Total Amount Raised

Subscriber access only

Tiki Pets - 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)
Add-onCompletedTiki Pets-
MergerCompletedCloud Star, LLC, Tiki Pets-

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