Graham Partners is now one of many private equity firms focusing on the growing industry of superior quality and healthy pet food, as evidence by its acquisition of BrightPet Nutrition Group. The BrightPet platform was formed by acquiring co-packers Ohio Pet Food and Southern Tier Pet Nutrition as well as Blackwood Pet Food. Going forward, Graham likely will seek bolt-on acquisitions to grow the USDA Certified Organic pet food and treat producer. The Company’s products currently are sold exclusively through independent retailers, but with the new investment it will be interesting to see if it begins distribution into pet super-stores or grocery aisles.
Sources:
http://www.petfoodindustry.com/articles/5788-pet-food-manufacturers-combine-to-create-brightpet
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