Private equity firm acquires Three Dog Bakery
New company will be known as Three Dog Bakery LLC
Three Dog Bakery Inc. has been acquired by a private equity group led by Aziz Giga, former vice president of strategic planning at PPG Industries. The new company will be known as Three Dog Bakery LLC.
"We are proud to own the Three Dog Bakery brand that pioneered bakeries for dogs," said Giga, the chairman of Three Dog Bakery LLC. "The team has done a great job expanding the brand, products and distribution across North America. We look forward to helping move the company to the next level."
The company focuses on the premium, all-natural, made in the USA pet treat market. Three Dog Bakery provides Three Dog Bakery brand and private-label packaged products to national and independent pet retailers, grocery, drug, mass and club merchandisers and through direct-to-consumer internet sales. "We are excited about this new partnership and fully expect this transaction to greatly accelerate our growth strategy," said Brian Wietharn, president and CEO of Three Dog Bakery Inc.
Three Dog Bakery Inc. was advised in the transaction by Triangle Capital LLC, a New York-based M&A investment bank.