Consumer Products Acquisitions in Idaho

Bluestone Equity Partners has made a strategic growth investment in Selkirk Sport, the pickleball equipment and sportswear brand, marking Selkirk's first external investment. The capital will support product innovation, omnichannel retail expansion, and targeted international growth across Asia.

Bansk Group, a New York-based consumer-focused private investment firm, agreed to acquire PetIQ, Inc. in an all-cash transaction valued at approximately $1.5 billion ($31.00 per share). The deal, approved by PetIQ’s board and completed on October 25, 2024, takes PetIQ private; the company will continue to be operated independently by its executive team and Bansk plans to invest in brand, marketing, capabilities and strategic growth initiatives.

Amare Global has acquired Kyäni, Inc., a global health and wellness company known for its nutritional supplement portfolio and direct-selling distributor network. The deal brings Kyäni founders and certain family shareholders into Amare as shareholders and board representation, and is intended to accelerate Amare's global expansion and product offering.

Fernandez Holdings, Inc. (FHI), a Los Angeles–based long-term investment firm, acquired Kash-LAX — a combined ammunition development, manufacturing and retail business comprised of Kash CA LLC, L.A.X. Firing Range LLC and Xtreme Bullets Mfg LLC. The transaction (terms undisclosed) is intended to support expansion of the company's manufacturing capabilities, facilities and vertically integrated DTC and retail operations.

Knox Lane, a San Francisco-based growth investment firm, has made a strategic growth investment in Elevation Labs, a leading formulator and contract manufacturer of premium beauty products headquartered in Idaho Falls, Idaho. The partnership will support Elevation Labs' expansion of capacity, capabilities and team, and the company plans to pursue strategic acquisitions to complement its organic growth; terms were not disclosed.

Chesterfield, Missouri-based Manna Pro Products LLC has acquired Nutri-Vet LLC of Boise, Idaho, along with the Petnology Essentials product line from 21st Century HealthCare Inc. The deals expand Manna Pro's portfolio into the cat and dog supplement market, with the acquired brands operating together as Nutri-Vet Wellness LLC; terms were not disclosed.