PetSmart, Inc. is the largest speciality pet retailer. It provides services and solutions for the lifetime needs of pets. The company accommodates approximately 55,000 associates and operates approximately 1,500 pet stores in the United States, Canada and Puerto Rico. PetSmart provides wide variety of competitively priced pet food and products. The company also offers dog training, pet grooming, pet boarding, PetSmart Doggie Day Camp day care services and pet adoption services in-store. PetSmart had previously traded on the NASDAQ stock exchange under the symbol PETM. However in December 2014, the company was acquired by BC Partners for $8.7 Billion and taken private.
PetSmart had generated revenue of $6.9 Billion in 2014 and is currently ranked as the 48th largest private company in the U.S by Forbes.
- Industry: Retail / Specialty
- Holding Company: BC Partners
- Lease Structure: NNN or NN
- S&P Bond Rating: CCC
- Moody’s Bond Rating: Caa1
- Website: http://www.petsmart.com