CHICAGO – Pestell Group, a portfolio company backed by Wind Point Partners, has acquired Targeted Pet Treats (TPT) to bolster its Pestell Pet Products business unit, which currently manufactures litter and small animal bedding products. The acquisition opens Pestell to the growing dental pet treat market. Financial details of the acquisition were not disclosed.
“TPT is a perfect fit with Pestell and the acquisition helps us continue our strategic vision of building a diversified pet products platform,” said Paul Peterson, managing director of Wind Point Partners. “We believe TPT is poised for continued growth and look forward to partnering with the TPT team to further expand our presence in the treats space.”
Wind Point Partners acquired Pestell in June 2018 to expand its product offering and geographic presence in the pet industry. This is Petsell’s second acquisition under Wind Point Partners’ management.
Elliott Haverlack, co-owner of TPT, added, “We look forward to watching the continued success of TPT under the guidance and direction of Matt Miller and the great team at Pestell.”
Targeted Pet Treats is a leading co-manufacturer of dental treats and long-lasting chews for pets. It is based in Warren, Pennsylvania, and was founded in 2000.
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