Scaling a Tiny Acquisition to a PE-Backed Exit
Phil Miller turned a tiny pet shop doing $100k in sales into a regional pet boarding brand — and the ideal PE platform.
Topics in Phil’s interview:
Pivoting from real estate to the pet industry
Slow renovation creating a financial mess
Delegation is the key to growth
The real cost of a cheap turnaround
Building a pet resort brand
Accelerating growth with Store Capital
Why franchising is a poor option in his industry
Dealing with tire-kicking searchers
Partnering with private equity
Emotional rollercoaster of combining cultures
References and how to contact Phil:
Pawville
Buy Back…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.