Revival Animal Health Partners with Incline Equity Partners to Fuel Further Growth
Revival Animal Health is pleased to announce it has partnered with Incline Equity Partners, a Pittsburgh-based private equity firm.
Under the terms of the agreement, Revival’s business operations will stay in Orange City and Mapleton. Jim Rossiter, Revival’s Chief Executive Officer, will continue to lead the company as President & CEO.
The addition of Incline’s resources will help fuel continued growth of the pet health supply company, which has seen unprecedented growth during the Covid-19 pandemic, primarily in its ecommerce business.
“We are thrilled to have Incline as our partner,” says Rossiter. “In addition to strong cultural alignment, Incline will be a valuable partner to help fuel our growth through enhanced digital marketing, proprietary brand expansion, operational best practices, and evaluation of potential acquisitions.”
Victor Martinelli, Principal at Incline, says of the investment, “Revival has an impressive track record of long-term, profitable growth with a lot of runway remaining. We are excited to work with Jim and team and believe there is an exciting opportunity to leverage our internal technology and operations capabilities to accelerate the company’s go-to-market strategy.”
Rossiter says the next step is to begin staffing up to prepare for continued growth. “We could grow even faster if we had the staff,” he says. “We’ve been hiring in our call center and warehouse and we expect that to continue at an accelerated pace. We’re anticipating adding about 40 positions in our Orange City and Mapleton offices over the next several years.”