(PRESS RELEASE) HALETHORPE, MD – Caitec Inc. (www.Caitec.com), a portfolio company of Fairchild Capital Partners, LLC, announced its acquisition of VetPet Box (www.vetpetbox.com), the only veterinarian-owned and operated pet subscription box on the market. Founded in 2016 and headquartered in Houston, TX, VetPet Box is a subscription service that sends a monthly box of vet approved toys, treats, wellness products and pet care education materials to dog and cat owners throughout North American. VetPet Box has a 5-star rating on Facebook and has received a 5-Star rating and several Readers’ Choice Awards from My Subscription Addiction. VetPet Box is the only subscription box to sponsor and exhibitor at the Texas A&M College of Veterinary Medicine’s Open House — which helps educate children and the public on proper pet care.
“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. “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.”
“Partnering with Caitec will allow VetPet Box to grow like never before,” said Stephanie Malmquist, DVM, founder of VetPet Box. “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.”