Photo address of cscredon/iStock/Getty Images
Pestell Group has acquired BPV Environmental, a Byron Center, Michigan-based architect of paper beastly litter, baby beastly bedding, and backyard and garden products.
No banking agreement were released.
Based in New Hamburg, Ontario, Pestell is an beastly augment minerals and capacity distributor, and cat clutter and baby beastly bedding articles maker. The accretion expands its artefact portfolio and supports added advance in the Midwestern United States.
Pestell was acquired in June by U.S. clandestine disinterestedness firm Wind Point Partners. Wind Point collaborated in the accord with Matt Miller, who aing Pestell as CEO.
Pestell Group Acquires BPV Environmental
Acquisition expands Pestell’s artefact beyond and facilitates added amplification into the Midwestern U.S.
Chicago, IL, October 3, 2018 – Wind Point Partners and portfolio aggregation Pestell Group (“Pestell” or the “Company”) are admiring to advertise today that Pestell has acquired BPV Environmental (“BPV”) through its Pestell Pet Articles (“PET”) business unit. BPV, founded in 2001 and headquartered in Byron Center, MI, is a arch architect of alternative, paper-based beastly litter, baby beastly bedding, and backyard and garden products.
The aggregate of Pestell and BPV creates the befalling to advantage both companies’ commutual products, cast portfolios, and administration networks in the U.S. and Canada. BPV articles both clandestine characterization and branded pet affliction and backyard and garden products, affairs its articles through retailers, distributors, and added manufacturers. BPV facilitates added avenues of advance for Pestell, with the Company’s artefact portfolio now including paper-based cat and multi-cat litter, baby beastly litter, baby beastly bedding, admixture and backyard patches.
Matt Miller, Pestell Group CEO, expressed, “I am blessed to acceptable the absolute BPV aggregation into the Pestell Group organization. Both businesses allotment accepted values, cultures and chump bases, and we are aflame about the approaching with this combination. We accept BPV and Pestell barter will be aflame to apprehend about the added opportunities we can now accommodate as a accumulated organization.”
Paul Peterson, Managing Director with Wind Point Partners, stated, “BPV provides cogent cardinal amount for Pestell as it increases the Company’s artefact beyond and added expands Pestell into the Midwestern United States. Entrepreneurs Marty Phelan, Tom Vogeler, and Jody Black accept congenital a absurd business and we are acquisitive to abide growing it with Pestell.”
The accretion of BPV continues Wind Point’s continued history of partnering and alive with family-held businesses and marks Pestell’s aboriginal accretion as the Aggregation seeks to aggrandize its artefact alms and geographic attendance for its chump base.
Marty Phelan, Co-Owner of BPV, said, “The amalgamation of BPV and Pestell, with the abutment of Wind Point, will actualize a solid foundation that will advice advance our growth. Through this action we’ve congenital able relationships with the Pestell and Wind Point teams and are acutely assured they’ll be able to booty BPV to the aing appearance of its growth. I’m aflame for the opportunities this transaction creates for our BPV aggregation members, barter and vendors.”
Wind Point Partners acquired Pestell in June of 2018 in affiliation with Matt Miller, a added than 20-year adept of the pet and customer industries. In cooperation with Matt and administration of Pestell and BPV, Wind Point will seek to abide accretion the Pestell belvedere through a aggregate of amoebic advance and commutual acquisitions like BPV. The Wind Point advance aggregation has ample acquaintance in customer products, including the pet industry, which has been an breadth of focus for the close back its founding in 1984.
Antares Capital, BMO Sponsor Finance and PennantPark led the debt costs for the transaction. Kirkland & Ellis LLP served as acknowledged admonition to Pestell.
About Pestell GroupPestell is comprised of two audible business units, which includes Pestell Minerals and Capacity (“PMI”) and Pestell Pet Articles (“PET”). PMI is a arch benefactor of beastly augment minerals and capacity for a advanced array of livestock. PET is a full-line architect of cat clutter and baby beastly bedding products. Pestell is headquartered in Ontario, Canada, with two business units that allotment warehousing and accomplishment space. Pestell additionally maintains 15 third affair warehouses beyond North America for its beastly augment articles business.
Additional advice about Pestell can be begin at www.pestell.com.About Wind Point PartnersWind Point Partners is a Chicago-based clandestine disinterestedness advance close with about $2 billion in assets beneath management. Wind Point focuses on partnering with top ability administration teams to access well-positioned average bazaar businesses area it can authorize a bright aisle to amount creation. The close targets investments in the customer products, automated products, and business casework sectors. Wind Point is currently advance out of Wind Point Partners VIII, a $985 actor armamentarium that was accomplished in 2016.
Additional advice about Wind Point is accessible at www.windpointpartners.com.
Ron Liberman, Wind Point PartnersPhone: 312.255.4812Email: [email protected]
Here’s What Industry Insiders Say About Private Label Paper Products | Private Label Paper Products – private label paper products
| Delightful to help our blog site, on this time period We’ll explain to you about private label paper products