Platinum Equity-backed Petmate completed the acquisition of Cosmic Pet from Guardian Capital Partners.

Platinum Equity-backed Petmate, a pet supply products, completed the acquisition of Cosmic Pet, an international company that designs and manufactures pet products for cats and dogs, from Guardian Capital Partners, an operationally focused private equity firm based in suburban Philadelphia. Financial terms were not disclosed. “With Guardian’s support, the Cosmic team achieved considerable growth across all key channels and product categories. The combination of the strategic partnership with Guardian and the leadership of our high-quality executive team has allowed us to develop into a scalable, high performing business serving the dynamic and growing pet products market," Tim Blurton, Cosmic CEO.