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Sunday, January 17, 2021

Arlington pet products company acquired

Solvit Products, an Arlington company that sells pet petproducts, has been acquired by Radio Systems Corp. of Knoxville, Tennessee.

Radio Systems said the acquisition was final on March 17. No price was released on the transaction.

“Solvit’s philosophy is to create innovative and durable products that allow dogs and their humans to spend more quality time together, which is a mission in line with the culture of PetSafe Brand and RSC,” said Patrick Hoffman, owner and president of Solvit. “Our pet products, like those at PetSafe Brand, do more for humans and their pets. From conception to design to construction, we are dedicated to the details that make our merchandise highly functional, durable and easy to use. We pay attention to the little things, so that owners and dogs can enjoy the big things.”

Solvit Products has a lineup of highly functional, easy-to-use pet products for travel, active life, therapeutic and senior care. The products offer unparalleled mobility and support to make sure that, as Hoffman says, “no dog is left behind.”

“Solvit understands what pet parents need in order to manage situations including traveling with their pets and caring for senior pets” said Lance Tracy, chief commercial officer at Radio Systems, in a news release. “While many Solvit products complement current PetSafe Brand categories, we are very excited to introduce our PetSafe customers and retail partners to new lines including ramps, stairs, and car seat covers, to name a few. Solvit’s outlook on caring for pets is in sync with PetSafe Brand’s mission to help pets and their owners live happy lives together.”

Popular Solvit products include therapeutic and senior care (walking and lifting aids, pet stairs, pet ramps), travel (dog car seat covers, dog safety harnesses and more), active life (bicycle trailers and bicycle baskets) and more.

Solvit was represented in this transaction by Aramar Capital Group LLC, a boutique M&A investment bank focused on the sell-side representation of middle-market companies.

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