SEATTLE–(Business WIRE)–Rainier Companions, a Seattle-based mostly, decrease-center-current market private equity company, is delighted to announce its financial commitment in Pet Food Specific (“PFE”), a fast-escalating, omnichannel pet retailer that sells wholesome pet foods, products, and companies from in excess of 60 retail spots in the course of California. Rainier’s financial commitment will assistance PFE in increasing its achieve to enable animals and their homeowners reside happier, more healthy life with each other.
Founded in 1980 by Michael Levy, PFE has aided direct the evolution of the pet industry through its unwavering devotion to providing the highest high-quality pet products and solutions, advising pet homeowners by way of its experienced retailer team customers, and supporting regional pet shelters and charities.
“For around 30 years, my business enterprise associate Mark Witriol and I grew Pet Foodstuff Convey without the need of exterior expenditure, so when it arrived time to decide on a companion, we were being extremely selective,” said PFE’s Founder and CEO Michael Levy. “We preferred a lover that really understood our mission and our work in the pet local community. We were being really privileged to locate a cultural match with the group at Rainier we could not be additional fired up for what the enterprise will accomplish with Rainier’s assistance.”
Rainier’s concentrate on price creation and business developing will aid the group at PFE as they keep on to improve the large regular of retailing for which they have turn out to be known. At a time when pet ownership is at an all-time superior, Rainier’s investment will enable speed up the company’s e-commerce abilities and broaden PFE’s brick-and-mortar existence.
“Now a lot more than at any time, pet owners are hunting for methods to do what is most effective for their pets, and PFE has provided this level of service for a lot more than 30 many years with the appropriate products and solutions and a highly properly trained employees,” explained Rainier Co-Founder and Handling Companion Jon Altman.
Extra Rainier Co-Founder and Controlling Spouse Alex Rolfe, “Not only does PFE align with Rainier’s investment focus in the consumer companies sector, but the company’s dedication to executing what’s very best for animals and their likely for development elevate this partnership into one thing truly enjoyable for every person involved.”
Rainier Associates is a non-public fairness business established in 2020 and dependent in Seattle, WA, that invests in decrease middle-current market businesses. Rainier’s principals have deep expertise profitably escalating organizations in its 4 concentration sectors: enterprise companies, economical solutions, industrial providers, and purchaser companies. Rainier’s solution is to companion with house owners and management teams and proactively assist them to deliver worth and speed up profit advancement. Learn additional listed here: www.rainierpartners.com.
Pet Foodstuff Specific is California’s reliable unbiased pet retailer, committed to serving to animals stay extended, healthier lives. Established by Michael Levy, Pet Food stuff Specific has reimagined pet treatment by focusing on the really most effective models and goods. PFE staff associates are thoroughly qualified in all aspects of animal well being and promote only individuals solutions they rely on to use with their own pets, from nutrient-wealthy foodstuff to high-excellent nutritional supplements to practical services like their signature in-retail outlet pet washes. The enterprise is a dedicated partner to much more than 300 non-earnings animal rescue and shelter businesses, furnishing them each year with considerably-desired aid by fundraising, item donations, aid recruiting and retaining volunteers, and adoption support. Visit the PFE website right here: www.petfood.express.