Trinity Hunt Partners Announces Acquisition Of Mid-America Pet Food
Trinity Hunt Partners (THP), a Dallas-based private equity firm focused on the lower middle-market, announced the recent acquisition of portfolio company Mid-America Pet Food (Mid-America), a Texas-based company that develops and manufactures premium pet food products with brands including Victor® Super Premium Dog Food. Trinity Hunt has partnered with CEO Scott Glover and his management team to recapitalize the business and position it for future growth.
“We are excited to partner with Scott Glover and the exceptional management team at Mid-America” said Will Bixby, a Partner with Trinity Hunt. “Mid-America is a unique company within the super premium pet food sector, offering high quality branded pet products through a growing network of independent distributors servicing independent retailers across the United States.”
Founded in 2007, Mid-America has a proven history of developing and manufacturing the fastest-growing natural and functional pet food brands in the United States. Because of its unique capabilities and intense devotion to quality control, the company has earned a reputation as one of the best super-premium pet food brands in the industry. The company’s branded pet foods include Victor (dog food), Mers (cat food), and Extruded Advantage (horse feed).
“In seeking a partner, we were attracted to Trinity Hunt’s demonstrated experience in the pet industry” said Scott Glover, Chief Executive Officer of Mid-America. “We value Trinity Hunt’s partnership-based philosophy and look forward to expanding Mid-America’s existing footprint in the farm-and-feed store segment of the market, and accelerating growth in the independent pet specialty store segment.”
Unlike many branded pet food companies which outsource their production, Mid-America manufactures 100% of its products in its state-of-the-art facility in East Texas. The company has completed the construction of a second production line enabling Mid-America to meet growing demand for its products, while continuing to manufacture high quality pet food with strict adherence to food safety standards. Mid-America is Trinity Hunt’s second investment in the premium pet food industry.
“Driven by the ongoing ‘humanization’ of pets, the premium pet food industry has proven to be among the fastest growing and most resilient segments in the U.S. economy” said Will Bixby, a Partner with Trinity Hunt. “Our partnership with Mid-America represents another opportunity for Trinity Hunt and our investors to participate in this exciting industry.
”Trinity Hunt Partners typically invests in established companies that are valued between $10 million and $150 million, where additional capital and operating resources can accelerate growth. The firm considers investment opportunities across a diverse range of industries, including healthcare services, industrial products and services, and business services. The Trinity Hunt deal team consisted of Will Bixby and Mike Steindorf.
To learn more about THP’s partnership with Mid-America Pet Food, contact Will Bixby at 214-777-6613 or wbixby@trinityhunt.com.