Miami-based HIG Capital has acquired a majority interest in Pro-Pet, a manufacturer of private label dry pet food for distribution domestically and worldwide. Pro-Pet is based in St. Marys, Ohio, and has operating facilities located in Owatonna, Minnesota; St. Marys, Ohio; and Kansas City, Kansas.
Pro-Pet maintains relationships with numerous leading retailers that are interested in a secure, high quality source for private label pet food. Pro-Pet is based in St. Marys, Ohio, and has operating facilities strategically located in Owatonna, Minnesota; St. Marys, Ohio; and Kansas City, Kansas.
Peter Cornetta, a Managing Director at HIG Capital noted, “We are very excited to team with the senior management team of Pro-Pet in making this investment. The Company has demonstrated its leadership position as a high quality producer of private label pet food for almost 15 years. We look forward to assisting the management team in continuing to grow Pro-Pet’s geographic reach and product breadth, while maintaining its superior product offering and service.”
HIG Capital is a leading global private equity investment firm based in Miami. The firm has more than $8.5 billion of capital under management. HIG specializes in providing capital to small and medium sized businesses and has offices in Atlanta, Boston, New York and San Francisco, as well as Hamburg, London and Paris in Europe.