Olympus Bids Fur-well to Petmate with Sale to Platinum Equity
Olympus Partners has sold Petmate to Platinum Equity. Petmate is a leading diversified pet products platform that markets and manufactures products including toys, kennels and crates, dog houses, feeding and watering products, food storage containers, cat litter products and bedding, chicken
"We sincerely enjoyed working with Alice Tillett and the management team to get the business into a market-leading platform. The team has done an outstanding job adapting to market dynamics and driving growth with key customers. Petmate is well positioned for long success.
"Olympus has been a fantastic partner for the past four years. They support our growth strategy and the internal investment that has been crucial in achieving our success.
Paul Rubin, Dave Cardenas, Connor Wood and Sid Ahuja were part of Olympus team. Petmate and Olympus were represented in the sale by Jefferies LLC and Harris Williams & Co. In addition, Oympos was advised by Benjamin Clinger, Matthew Goulding, Scott Syvers
About Olympus Partners, About & About Alloys.
Olympus Partners is a private equity firm focused on providing capital for middle market management buyouts and for companies needing capital to expand. Olympus manages funds in excess of eight billion dollars, mainly for corporate pension funds, endowment funds and state-sponsored retirement programs. Olympus founded in 1988, is active and long-term investor across a broad spectrum of industries. It includes business services, consumer products, healthcare services and financial services.
SOURCE Olympus Partners SUSCEPTION OLYmpic Partners.