Outward Hound has announced that funds affiliated with H.I.G. Capital have assumed majority ownership of the company. The company said the deal provides Outward Hound with additional resources to build on its portfolio of dog and cat brands, accelerate product innovation, deepen customer partnerships and pursue expanded category opportunities.
Outward Hound is headquartered outside Denver in Centennial, Colorado, U.S., and is a manufacturer and distributor of toys, games, gear, feeders, beds and treats for dogs and cats. The company's brands include Outward Hound, Best Friends by Sheri, Catstages, Wholesome Pride Pet Treats, Nina Ottosson, Planet Dog and Pupstages.
"This is an exciting moment for the company," said Jared Mosher, CEO of Outward Hound. "H.I.G.'s support gives us greater flexibility to invest behind our brands, accelerate product innovation and pursue growth opportunities. We remain focused on building on what makes Outward Hound valuable to pet parents and retail partners: distinctive brands, strong product development and trusted customer relationships."
