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Announced

Completed

Topspin completed the acquisition of consumer products division of Three Dog Bakery.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Food Products

United States

Private

Single Bidder

dog treats

Completed

Domestic

Acquisition

Majority

Friendly

Private Equity

Synopsis

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Topspin, a private equity firm that makes investments in established, profitable, and fast-growing middle-market consumer businesses, completed the acquisition of consumer products division of Three Dog Bakery, a company that sells biscuits, cookies, cakes, and meals intended for dogs. Financial terms were not disclosed. “Topspin has extensive experience building consumer brands and a strong network within the pet sector, making them the perfect partner as we enter our next phase of growth. Pet parents are becoming increasingly aware of the importance of providing their best furry friends with more wholesome options, and we are confident that our unique product offering, which directly taps into pet humanization trends, is changing the way people think of dog treats. As the pet food industry continues to evolve, we will be well-positioned with Topspin’s support to expand our brand and increase our market share in the US,” Jerry Dear, Three Dog Bakery President.

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