PetSmart

PE-Owned1 Documented Impact

Largest specialty pet retailer. Apollo-led consortium took private for $8.7B in 2015

Founded: 1986|Owned by Apollo Global Management|Website →
10
locations tracked

Ownership Information

PetSmart is owned by Apollo Global Management. Private equity ownership often leads to cost-cutting, price increases, and reduced quality of service as firms prioritize returns for investors over customers and employees.Learn more about PE ownership impact →

Timeline

1986

PetSmart founded

2015HighDebt Loading

Apollo loaded $8.7B in debt onto PetSmart, cutting worker benefits

Apollo's leveraged buyout saddled PetSmart with massive debt. Workers reported reduced benefits, staffing cuts, and pressure to push services like grooming despite inadequate training.

Tracked Locations

FL (1)

Miami

7795 Main St

Miami, FL 33101

555-849-3813

MA (2)

Boston

8847 Main St

Boston, MA 02101

555-275-8113

Boston

3414 Main St

Boston, MA 02101

555-269-5210

NC (2)

Charlotte

7782 Main St

Charlotte, NC 28201

555-745-4540

Charlotte

7786 Main St

Charlotte, NC 28201

555-369-8644

NY (1)

New York

6550 Main St

New York, NY 10001

555-175-8135

OH (1)

Cleveland

7440 Main St

Cleveland, OH 44101

555-282-1697

PA (1)

Philadelphia

9613 Main St

Philadelphia, PA 19019

555-520-7502

TX (2)

Austin

8234 Main St

Austin, TX 73301

555-959-6742

Austin

9258 Main St

Austin, TX 73301

555-591-1468