Periculum Advises Barkefellers in its sale to Destination Pet

Periculum Capital Company, LLC (“Periculum”) is pleased to announce it advised Barkefellers Holding Company, Inc. (“Barkefellers” or the “Company”), a leading provider of pet boarding, daycare, and grooming services, in its sale to Destination Pet.

This transaction marks Periculum’s fourth transaction in the rapidly evolving pet care services industry, reinforcing the firm’s position as a trusted advisor and industry expert. Leveraging its deep sector knowledge and established buyer relationships, Periculum executed a highly tailored process to identify the optimal strategic partner for Barkefellers.

Founded in 2009 by Rick and Christi Coffey, Barkefellers is a premier, full-service pet care platform known for its exceptional customer service and luxury accommodations. With four facilities across the central Indiana, totaling over 100,000+ square feet, the Company is the largest privately held, company-owned pet resort operator in Indiana. Jordan and Krista Coffey, Rick and Christi’s son and daughter, have been instrumental in daily operations and scaling the platform while maintaining the Company’s commitment to high-quality pet care.

As the Coffey family evaluated strategic alternatives, a top priority was identifying a partner that would preserve the Company’s culture, values, and legacy while supporting continued growth. Periculum designed and led a focused process that emphasized Barkefellers’ strong brand, loyal customer base, and differentiated positioning within an increasingly competitive market. Destination Pet emerged as the ideal partner given its national platform, shared commitment to high-quality care, and history of partnering with founder-led businesses. Bret Anderson, President of Destination Pet, echoed this sentiment: “The Coffey family has built something truly special in Indianapolis - a premium, community-rooted brand with a genuine commitment to animal well-being that aligns deeply with our own values. Barkefellers is a perfect example of the high-quality centers we seek as we execute on our strategic growth plan of acquiring best-in-class pet care resorts across the country. We look forward to building on their incredible foundation and continuing to serve their cherished guests and four-legged clients.”

“Periculum’s deep experience in the pet care services sector and their thoughtful, hands-on approach
were instrumental in achieving the right outcome for our family and our business,” said Rick Coffey. “They understood how to position our company and guided us through each step of the process with a clear focus on finding the right long-term partner who would build on what we’ve created.” Zainab Bass, Managing Director at Periculum, added, “Barkefellers is a premier example of a family-built, high-quality pet services platform. Having advised on four transactions in this space, we continue to see strong demand for scaled, differentiated operators. We are especially pleased to have helped the Coffey family identify a partner that will honor their legacy through the next phase of growth.”

Erik Johnson at SLS Group served as Barkefellers’ legal advisor, Crossroads Advisors served as the Company’s accounting and tax advisors, and the team at Avalon Wealth Advisory played an integral role in the pre-transaction planning process.

About Periculum Capital Company, LLC
Periculum is a leading investment and merchant banking firm serving the corporate finance needs of middle market companies. The firm was founded in 1998 to provide sophisticated financial advisory and transaction services. Periculum is committed to achieving superior outcomes for its clients by delivering customized investment banking services that maximize value while still meeting clients’ individual goals and objectives. The firm’s primary services include M&A, capital markets, and restructuring advisory, as well as specialized merchant banking services.