BC Partners Acquires Majority Stake in PetLab Co.

CVC Acquires Majority Stake in Partner in Pet Food from Cinven

June 28, 2024

Food & Beverage

CVC Capital Partners (CVC) has agreed to acquire a majority stake in Partner in Pet Food (PPF), a pan‑European pet food manufacturer, with existing investor Cinven retaining a minority stake and continuing as a partner. PPF operates 12 production facilities across Europe, produced ~700k tonnes and generated approximately €800 million in 2023; the transaction is expected to close in 2024 subject to regulatory approvals.

Ethos Partners Completes Buyout of Pet Mate

April 12, 2024

Consumer Products

Ethos Partners has completed a buyout of UK-based Pet Mate, the designer, manufacturer and distributor of pet products (brands include Cat Mate, Dog Mate and Fish Mate). Ethos and its HNW investor base provided equity while Shawbrook Financial Sponsors provided senior debt; the deal aims to support product innovation and domestic and international expansion under CEO Andrew Lane.

Targeted PetCare Acquires Pet Brands

January 19, 2024

Consumer Products

Targeted PetCare, a Wind Point Partners portfolio company, has acquired Pet Brands, a high-growth provider of private-label and branded dog and cat treats. The deal expands Targeted PetCare's pet treat portfolio and adds sourcing, design and packaging capabilities to support growth across grocery, mass and e-commerce channels.

United Raw Pet Foods Acquires Lucky Paws Enterprises and A Pet's Life Ventures

August 3, 2021

Retail

United Raw Pet Foods Inc., a majority-owned subsidiary of Dane Creek Capital Corp., has acquired Lucky Paws Enterprises Inc. (two locations in Mill Bay and South Duncan, BC) and A Pet's Life Ventures Inc. (Oak Bay/Victoria, BC). The deals expand United Raw's Vancouver Island retail footprint to six specialty stores focused on frozen raw pet food; combined purchase prices represent roughly 40% of the acquired businesses' expected 2021 revenues.

BC Partners Acquires Majority Stake in Davies

March 15, 2021

Professional Services

BC Partners has agreed to acquire a majority stake in Davies, valuing the London-based insurance services and technology business at about £1.2 billion including debt. Existing investors HGGC and Alberta Investment Management Corporation will retain minority stakes; BC Partners said it will support Davies' global expansion and further investment in digital transformation.

BRS & Co. Invests in Canada Pooch Ltd.

April 17, 2019

Consumer Products

New York-based private equity firm BRS & Co. has made an investment in Canada Pooch Ltd., a Toronto-based designer and manufacturer of premium pet apparel and accessories. The deal terms were not disclosed; BRS said the partnership will support expansion and penetration of the Canada Pooch brand through retail and online channels.