Happy to announce that Cedar Grove Capital has entered into the next phase of my plans for it @cedargrovecm is the public investments side which is now a multi-strategy fund and @cedargrovech is the private side specializing in #SMB acquisitions.

I always wondered what would end up being Cedar Grove Capital and while I do not believe that we're quite there, we have reached the next stage @cedargrovech will be focusing on #SMB acquisitions in the consumer space and we're happy to announce our first deal in pet services

Pet services have proven to be heavily recession-resilient and consumer discretionary spending in the pet space has surpassed $110B.

In the post below, you'll be able to see the deal metrics of this transaction.

The timing for acquiring SMBs is perfect right now.

There are

• $30 trillion of SMBs

• 10,000 boomers retire every day

• 2.4M businesses for sale

• 70% are expected to be sold in the next 10-15 years

We plan to capitalize on this trend while delivering >50% CoC returns

Additionally, as part of our offerings, we're also launching a consulting service specifically geared around advising around the search process for an acquisition, the modeling/due diligence, or just consulting for improving existing operations

Very excited to enter this next stage of my professional career and do it under the Cedar Grove Capital umbrella.

If you're interested in getting public research, sign up through the announcement post below - there's a special offering in there.