CapVest completed the acquisition of Inspired Pet Nutrition from L Catterton.

CapVest, a mid-market private equity firm, completed the acquisition of Inspired Pet Nutrition, a pet food manufacturer, from L Catterton, a private equity firm that invests in all major consumer segments. Financial terms were not disclosed. "By utilizing their extensive strategic, operational, and industry expertise, we have laid a strong foundation to expand our business and quadrupled Harringtons' market share under L Catterton's ownership. In addition, we have made great strides on our sustainability journey, with IPN becoming the UK's first carbon-negative pet food manufacturer of scale. We are excited to continue our strong track record of growth through our partnership with CapVest as we work to realize our vision of becoming one of the largest manufacturers of branded pet food across the UK and Europe," Richard Page, IPN Chairman.