Alvarez & Marsal (A&M) Capital Partners announced the acquisition of a majority stake in BrightPet Nutrition Group, a premium manufacturer and co-manufacturer of several pet food and treat brands.
As the pet food and treat industry continues to grow at a steady pace, private equity interest in successful pet food and treat businesses grows alongside it. This transaction is yet another of many private equity acquisitions seen in this industry over the last several years.
BrightPet was founded on the consolidation of Ohio Pet Foods, Inc., Blackwood Pet Food, LLC, and Southern Tier Pet Nutrition, LLC in April 2016, an effort which was led by Graham Partners, a Penn.-based private equity firm.
Source: Pet Food Processing