December 18, 2020 – Bravaldo Capital Advisors, Inc. (“BCA”) is pleased to announce the successful sale of its client, P&M Solutions, LLC dba DoMyOwn (“DoMyOwn”), a Norcross, Georgia based leading online retailer and wholesale supplier of professional control products for the do-it-yourself (“DIY”) market, to Central Garden & Pet, a market leader in the garden and pet industries. Founded in 2004, DoMyOwn is the largest pure play online retailer of professional strength products for pest control treatment, turf & ornamental care, animal care, and related equipment.
Michael Gossling, Co-Founder and President of DoMyOwn, stated, “While we knew what it takes to build a world class E-commerce business, as far as considering strategic options and choosing the right partner to sell to, we absolutely found the right advisor in BCA.” Philip Gossling, Co-Founder and Chief Technology Officer of DoMyOwn, stated, “BCA helped us prepare to market the business, orchestrating a competitive sales process, negotiating all facets of the deal and ensuring a closing on our desired timeline.”
Don Bravaldo, President of Bravaldo Capital Advisors, added, “It was a pleasure to have worked with Founders Michael and Philip Gossling and the DMO management team. They are pioneers in offering an E-commerce solution to the DIY consumer seeking professional control products and they have done a tremendous job in becoming a best-in-class, customer-centric and technology-driven E-commerce market leader.”
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P&M Solutions, LLC dba DoMyOwn (www.domyown.com) is a Norcross, Georgia based online retailer and wholesale supplier of professional grade pest control, turf & ornamental, and animal care products, as well as related equipment for the DIY consumer. The Company has approximately 70 employees passionate about customer service and has grown into the largest dedicated online retailer in the market.
Central Garden & Pet (NASDAQ: CENT) (www.central.com) understands that home is central to life and has proudly nurtured happy and healthy homes for over 40 years. With 2020 net sales of $2.7 billion, Central is on a mission to lead the future of the pet and garden industries. The Company’s innovative and trusted products are dedicated to help lawns grow greener, gardens bloom bigger, pets live healthier and communities grow stronger. Central is home to a leading portfolio of more than 65 high-quality brands including Pennington, Nylabone, Kaytee, Amdro and Aqueon, strong manufacturing and distribution capabilities and a passionate, entrepreneurial growth culture. Central Garden & Pet is based in Walnut Creek, California and has over 6,300 employees across North America and Europe.
Bravaldo Capital Advisors, Inc. (www.bravaldocapitaladvisors.com) is a boutique Atlanta based mergers & acquisitions and corporate finance advisory firm, providing independent economic and financial advice and execution services for lower middle market companies in a variety of industries with revenues typically between $10 million and $300 million. BCA offers a full range of transaction and advisory services, guiding clients through sell-side transactions and exit strategy planning, growth through acquisition, debt restructuring and corporate recapitalization. The BCA team is a senior deal team with extensive knowledge and insight into the full life cycle of M&A and corporate finance engagements.