Latest News
Clearlake to Acquire US Natural Pet Food Producer WellPet from Berwind
Friday 20 November 2020

US investment firm Clearlake Capital Group, L.P. has agreed to acquire Massachusetts-based natural pet food and treats provider The Wellness Pet Food Holdings company, Inc. from affiliates of Berwind Corp. to expand position in premium pet food manufacturing, the company said.

Financial terms of the transaction were not disclosed.

The company was advised by Centerview Partners, and Clearlake was advised by Goldman Sachs and Co.

WellPet is positioned as the largest independent North America-based pet food manufacturer, producing proprietary and exclusive formulations at its three facilities in Indiana, Minnesota, and the Netherlands, supported by a supply chain spanning over 1.2m distribution points across the globe.

Clearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit, and other related strategies.
Date Published: 20/11/2020