Caitec, a portfolio company of Fairchild Capital Partners, has acquired VetPet Box, the only veterinarian-owned-and-operated pet subscription box on the market, according to company officials. Founded in 2016 and based in Houston, VetPet Box is a subscription service that sends a monthly box of veterinarian-approved toys, treats, wellness products and pet care education materials to dog and cat owners throughout North America.
“We are excited to have VetPet Box join our team. This transaction allows Caitec to expand our current dog business into the growing pet subscription box service channel,” said Terry Gao, CEO of Caitec in Halethorpe, Md. “Caitec shares a common goal with VetPet Box—to provide high-quality products that enrich the lives of pets and their parents. We will now have a veterinarian expertise to enhance our product development across all of our product categories including dog, bird, small animal and cat.”
Stephanie Malmquist, DVM, founder of VetPet Box, said, “Partnering with Caitec will allow VetPet Box to grow like never before. Caitec’s breadth of product offerings for dogs and cats along with its marketing and sourcing capabilities make it a perfect fit. We are also looking forward to working with Caitec on developing new products that put pet care and enrichment at their core.”