Clayton, Dubilier & Rice Acquires Radio Systems Corporation

May 12, 2020

Clayton, Dubilier & Rice (CD&R) agreed to acquire Radio Systems Corporation, a Knoxville-based developer and distributor of durable pet products (brands include PetSafe, Invisible Fence, SportDOG and Kurgo). Terms were not disclosed; TSG Consumer Partners will sell its minority stake as part of the transaction, Radio Systems has more than 800 employees worldwide, and founder Randy Boyd will remain on the board. The deal received unanimous board approval and was expected to close around June 2020.

Buyers
Clayton, Dubilier & Rice (CD&R)
Targets
Radio Systems Corporation
Sellers
TSG Consumer Partners
Location
Tennessee, United States
Transaction Type
Buyout

Explore More

Related Acquisitions

Track M&A activity that matters to you

Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.