MergerLinks Header Logo

Announced

Clearlake Capital Group to acquire Wellness Pet Food from Berwind.

Synopsis

Private equity firm Clearlake Capital Group agreed to acquire Wellness Pet Food, a pet food provider, from Berwind, a private investment management company. Financial terms were not disclosed. "We are thrilled to partner with WellPet during such a pivotal time in the premium pet food and treats category. We believe the current market tailwinds, enduring increase in pet ownership, and pet humanization dynamics offer a unique opportunity to meaningfully invest behind the Company and accelerate WellPet’s near- and long-term growth objectives to serve pet parents in the best possible ways. We are eager to support the WellPet management team and bring together all of Clearlake’s available resources to drive value creation, accelerate organic growth, and create a consolidation platform for the category," José E. Feliciano, Clearlake Co-Founder and Managing Partner.

Show Details & Financials

Market Context

Sort

Search a database of more than 250,000 verified dealmakers

Receive automated updates on global transactions

Follow the activity, relationships and transactions of top dealmakers

No credit card required

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US