PAI Partners, a renowned private equity firm, has announced its acquisition of Alphia, Inc., a major player in North America’s pet food co-manufacturing sector, from J.H. Whitney Capital Partners. The specific terms of the deal have not been disclosed.

Based in Denver, Alphia holds a prominent position as a national pet food manufacturer in the U.S., producing over a billion pounds of dry pet food and treats annually for leading brands and retailers. Alphia also offers a range of services including milling, R&D, warehousing, transportation, and distribution, with six manufacturing facilities spread across the U.S. The company encompasses LANI, an ingredient milling solutions firm, and Veracity, a warehousing and logistics provider, providing comprehensive farm-to-bowl custom solutions.

Alphia was created through the merger of American Nutrition, Inc. and C.J. Foods, Inc. in 2020, a transformation supported by J.H. Whitney, which acquired Alphia’s precursor, C.J. Foods, Inc., in 2014.

This acquisition underscores PAI’s proficiency in the Food & Consumer sector and its specialization in pet food and contract manufacturing, having invested in notable names like Royal Canin, Provimi, Diana Pet Food, and Refresco. With PAI’s backing, Alphia aims to expedite its growth in North America, both organically and through acquisitions.

David McLain, CEO & President of Alphia, expressed gratitude for the partnership with J.H. Whitney and emphasized PAI’s alignment with their growth vision and shared values.

Bob Williams, Senior Managing Director at J.H. Whitney, acknowledged the successful journey with Alphia and their role as a leading co-manufacturer in the pet food industry.

Maud Brown, Partner at PAI and Head of PAI’s US Team, expressed enthusiasm for the investment in Alphia as the firm continues to expand its U.S. presence.

Winston Song, Partner at PAI and Consumer Lead in the U.S., highlighted Alphia’s significance in the pet food and treats sector, emphasizing their industry-standard contributions and partnership with leading brands.

Completion of the acquisition is contingent on customary closing conditions and regulatory approvals.

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