Wind Point Partners-backed Pestell acquires VersaPet
Pestell Group has acquired VersaPet Inc, a Toronto-based manufacturer of private label and branded cat litter products. Terms weren't disclosed. Antares Capital, BMO Sponsor Finance and PennantPark led the debt financing. Based in New Hamburg, Ontario, Pestell is an animal feed minerals and ingredients distributor, animal litter and bedding products maker, and dental pet treats co-maker. It said the deal expands its geographic presence and cat litter portfolio. Pestell was acquired last year by U.S. mid-market private equity firm Wind Point Partners. VersaPet is the company's third add-on transaction.
26 June 2019•4 mins read
