BrightPet Nutrition Group (“BrightPet” or “the Company”), a provider of premium and super-premium pet food and treats, today announced that Alvarez & Marsal Capital Partners (“AMCP”), a middle-market private equity investment fund that is part of the A&M Capital platform, has acquired
a majority interest in the Company. BrightPet is an industry leader in the development and manufacturing of co-pack, private label and branded pet food and treats. Formed by Graham Partners in April 2016 through the acquisition and combination of Ohio Pet Foods, Inc., Blackwood Pet Food, LLC and Southern Tier Pet Nutrition, LLC, BrightPet has executed a number of product line extensions, facility enhancements and acquisitions over the past four
years. Today, BrightPet operates three complementary businesses — outsourced kibble manufacturing, outsourced treat manufacturing and a portfolio of Company owned premium pet food and treat brands, which include Blackwood®, Adirondack® and By Nature.® The Company uses only top-of-the-line ingredients in its signature slow-cooked pet food and specialty treats, and is one of just a few USDA Certified Organic pet food producers in the U.S. BrightPet also holds several other quality and food safety certifications, including a number that allow it to export high-end products to international markets. BrightPet is the evolution of a third-generation family business, founded in 1962 by the Golladay family of Ohio. Under the new partnership with AMCP, several members of the Golladay family will maintain their roles as BrightPet executives and minority owners. As part of the acquisition, current President Matthew Golladay has been promoted to Chief Executive Officer.
By Lindsay Beaton
This country is straddling the line between developing and developed as more of its citizens see the value in pet ownership.
By Lindsay Beaton