Is Pet Supplies Plus owned by private equity?
PE-backed, now lender-controlled
Not anymore. It was PE-owned until its lenders took control. Owned by former lenders of its old parent, Franchise Group, a group of banks and investment firms, after that company's 2024-25 bankruptcy.
Details
- Owner
- Fusion Parent LLC
- Controlled by
- Former Franchise Group first-lien lenders (not individually named in sources)
- Since
- 2025
- Website
- petsuppliesplus.com
- Confidence
- Medium
Sources
- “Pet Supplies Plus and Wag N' Wash break away from former parent company” globalpetindustry.com, 2025-12-16
- “Franchise Group exits Chapter 11” retaildive.com, 2025-06-11
- “Franchise Group Commences Chapter 11 Proceedings, Secures $250MM in DIP Financing” abfjournal.com, 2024-11-04
Checked 2026-11-04. A label describes who owns the brand, not the quality of its products. How we label · Report a correction
See this on petsuppliesplus.com itself: click the PE or Not? extension icon on any page of the site. More pet, baby, beauty and personal care brands