Harris Williams Advises Inspired Pet Nutrition Limited on its Pending Sale to CapVest Partners LLP
Harris Williams, a global investment bank specializing in M&A advisory services, announces it is advising Inspired Pet Nutrition Limited (IPN), a portfolio company of L Catterton, on its pending sale to funds advised by CapVest Partners LLP (CapVest). IPN is the largest brand-led pet food manufacturer headquartered in the U.K.
“We continue to see phenomenal interest in the pet sector, and IPN’s market-leading brands and truly differentiated platform have made it particularly attractive to investors,” said Will Bain, a managing director at Harris Williams. “The IPN management team has successfully disrupted the U.K. dog food segment over the past decade with their two award-winning and innovative brands, Harringtons and Wagg. We look forward to watching their continued success in the dog segment, as well as in the cat segment.”
Ryan Budlong, a managing director at Harris Williams, added, “Building on our strong track record in the pet sector, we are honored to have had the opportunity to work with the teams at IPN and L Catterton on this transaction. IPN represents the third branded pet food transaction that we have advised on in the past month.”
IPN is an award-winning and long-established pet food manufacturer, best known for its market-leading brands Harringtons and Wagg. With a history dating back to 1923, IPN is a family run business based in Thirsk, North Yorkshire. IPN is dedicated to producing high quality pet food using high quality ingredients and efficient manufacturing, making great pet food affordable for everyone. Harringtons has significantly disrupted the market and become one of the U.K.’s largest and fastest-growing dry dog food brands. Alongside Harringtons and Wagg, IPN also produces high quality own-label pet food for selected leading operators in the grocery and pet specialty channels.