Wind Point Partners-backed Pestell buys Targeted Pet Treats
Pestell Group has acquired Targeted Pet Treats (TPT), a Warren, Pennsylvania-based co-manufacturer of dental treats and long-lasting chews for pets. Terms weren't disclosed. Based in New Hamburg, Ontario, Pestell is an animal feed minerals and ingredients distributor, and cat litter and small animal bedding products maker. It said the acquisition facilitates the company's entry into the dental treat market. Pestell was acquired in June by U.S. private equity firm Wind Point Partners in collaboration with Matt Miller. The TPT deal's debt financing was led by Antares Capital, BMO Sponsor Finance and PennantPark.
17 December 2018•4 mins read
