West Des Moines, Iowa, February 12, 2024 – Bernau Capital Partners, a family of affiliated companies owned by Thomas R. Bernau specializing in growth-oriented business holdings, announced the acquisition of Eight Mile Pets, Inc., a thriving franchisee of Pets Supplies Plus. With seven established stores and an eighth store set to launch in May 2024, Eight Mile Pets, Inc. has solidified its position as a premier destination for its neighbors across Iowa.
The acquisition marks a strategic move for Bernau Capital Partners as it seeks to capitalize on the growing demand for high-quality pet supplies and services. Adding Eight Mile Pets, Inc. to its portfolio aligns with the firm’s commitment to investing in successful, well-positioned businesses with solid growth potential.
“We are thrilled to welcome Eight Mile Pets, Inc. to the Bernau Capital Partners family,” said Thomas R. Bernau, Founder of Bernau Capital Partners. “The company’s track record of success and dedication to providing exceptional products and services make it an ideal fit for our business holdings. We look forward to partnering with the talented team at Eight Mile Pets, Inc. to support their continued growth and expansion.”
Eight Mile Pets, Inc. currently operates seven stores in Cedar Falls, Fleur Drive Des Moines, Altoona, Davenport, Merle Hay Des Moines, Fort Dodge, and Ames, with an eighth store slated to open in Bettendorf in May 2024. Each location offers a wide selection of pet supplies, including food, toys, accessories, a self-service wash area, and grooming services, catering to the region’s diverse neighbors’ needs.
“We are excited to join forces with Bernau Capital Partners as we embark on the next phase of our growth journey,” said Suzy Schweer, Chief Operating Officer of Eight Mile Pets, Inc. “Their expertise and resources will enable us to enhance our operations, expand our reach, and continue delivering exceptional value to our neighbors.”
The acquisition of Eight Mile Pets, Inc. positions Bernau Capital Partners as a critical player in the pet supply industry and underscores its commitment to taking a growth-oriented, long-term view of business holdings.
For more information about Pet Supply please visit https://www.petsuppliesplus.com/.