Kinderhook Industries acquires Prairie Dog Pet Products

Kinderhook named Operating Partner Ted Mischaikov as chief executive, Jeff Camosci as chief revenue officer and Scott Gordon as chief financial officer.

Kinderhook Industries acquired Prairie Dog Pet Products, which makes dog treats, including freeze-dried treats, jerky and natural parts. Prairie Dog Pet Products runs four manufacturing and distribution facilities in Texas and Colorado. Kinderhook named Operating Partner Ted Mischaikov as chief executive, Jeff Camosci as chief revenue officer and Scott Gordon as chief financial officer. The deal is Kinderhook’s 57th acquisition in light manufacturing and second platform investment in pet products.

Press Release

Kinderhook Industries, LLC (“Kinderhook”) announced today the acquisition of Prairie Dog Pet Products (the “Company”). The Company represents Kinderhook’s 57th acquisition in the light manufacturing sector and 2nd platform acquisition in the pet products industry. Financial terms of the transaction were not disclosed.

Headquartered in Grand Prairie, TX, Prairie Dog Pet Products is a leading specialty manufacturer and marketer of premium, American-made dog treats, including freeze-dried treats, jerky, and natural parts. The Company markets its products under its own brand as well as via private label relationships with top brands in the pet industry. The Company operates four manufacturing and distribution facilities in Texas and Colorado.

“We are excited to welcome Prairie Dog Pet Products to the Kinderhook portfolio,” said Thomas Tuttle, Managing Director at Kinderhook. “The Company has positioned itself for strong future growth with its state-of-the-art manufacturing facilities in Abilene and Montrose, its focus on premium, all-natural treats, and its key relationships with leading brands in the pet space. Kinderhook is excited to partner with management and invest in equipment, personnel, and systems to further build out the Company’s capabilities as the market continues to demand high-quality products.”

As part of the transaction, Kinderhook has added an Operating Partner, Ted Mischaikov, as Chief Executive Officer, Jeff Camosci as Chief Revenue Officer, and Scott Gordon as Chief Financial Officer to lead the Company during its next phase of growth.

Mr. Mischaikov brings years of trusted pet industry experience to Prairie Dog, having sat on the board of the American Pet Products Association and his current seat on the Pet Sustainability Coalition Board. Kinderhook previously partnered with Mr. Mischaikov during its ownership of Absorption Corp (now known as Healthy Pet), the market leader in small animal bedding and natural cat litter.

“Consumers across the world feel a strong obligation to feed their pets safe, clean, healthy and well-balanced treats from companies they trust. With Kinderhook’s support, Prairie Dog and its proprietary “Made in America” single source jerky and shelf-stable, raw freeze-dried treats can meet those needs and exceed customers’ expectations.” said Ted Mischaikov, CEO.

Mr. Camosci brings a proven ability to develop and successfully execute long-term integrated strategies to deliver revenue results. Most recently, Mr. Camosci served as VP of International Sales for Diamond Pet Foods, where he was responsible for driving sustainable growth across the globe. Previously, Mr. Camosci held several senior roles at WellPet, including VP of Sales and Marketing for WHIMZEES in North America where he was instrumental in launching the brand. Earlier in his career, Mr. Camosci worked under various titles for MARS Petcare inside The Nutro/Greenies Company where he focused on sales, brand building, and category growth.

“I am excited to join Prairie Dog. With our talented team and state-of-the-art production facilities, our focus will be delivering the finest pet products with the level of service and excellence our partners have come to expect and deserve. We are committed to strengthening and enhancing our partnerships and exceeding our customers’ expectations as we take our performance to the next level.” said Jeff Camosci, CRO.

Mr. Gordon brings deep financial experience to the Prairie Dog team. Prior to joining Prairie Dog, Mr. Gordon was the CFO for Kieffer-Starlite, a private equity owned national sign company. From 2007 to 2017, Mr. Gordon was the CFO for Perennials and Sutherland, LLC a private equity owned leader in upscale outdoor furniture and performance fabrics. Earlier in his career, Mr. Gordon was the CFO of Texwood Industries, a division of the Masco Corporation, a cost leader in manufacturing and distributing kitchen and vanity cabinets.

Kirkland & Ellis LLP served as legal counsel to Kinderhook.

About Kinderhook Industries

Founded in 2003, Kinderhook Industries, LLC is a private investment firm that manages over $3.1 billion of committed capital. We have made in excess of 225 investments and follow-on acquisitions since inception. Kinderhook’s investment philosophy is predicated on matching unique, growth-oriented investment opportunities with exceptional financial expertise and our proprietary network of operating partners. Our focus is on middle market businesses with defensible niche market positioning in the healthcare services, environmental / business services, and automotive / light manufacturing sectors. We have a track record of successfully and consistently building industry leaders.

For more information please visit: www.kinderhook.com

About Prairie Dog Pet Products

Headquartered in Grand Prairie, TX, Prairie Dog Pet Products is a leading specialty manufacturer and marketer of premium, American-made dog treats, including freeze-dried treats, jerky, and natural parts. The Company markets its products under its own brand as well as via private label relationships with top brands in the pet industry. The Company operates four manufacturing and distribution facilities in Texas and Colorado.

For more information please visit: www.prairiedogpetproducts.com