Wind Point partners with Matt Miller to acquire Pestell Group
U.S. private equity firm Wind Point Partners has partnered with Matt Miller to buy Pestell Group, a New Hamburg, Ontario-based animal feed ingredients distributor and cat litter manufacturer. Terms weren't disclosed. Pestell consists of two businesses, Pestell Minerals and Ingredients and Pestell Pet Products, founded respectively in 1972 and 1990 by Don Pestell. Miller, a consumer packaged goods executive and senior advisor to Wind Point since 2016, joins the company as CEO. Wind Point Managing Director Paul Peterson said his firm will focus on backing Pestell's organic and acquisition-based growth potential. The deal's debt financing was supplied by Antares Capital and BMO Sponsor Finance.
4 June 2018•4 mins read
