Quarry Capital Acquires Royal Pet Supplies
Royal Pet Supplies Inc., a wholesale distributor with operations in Brentwood, N.Y., and Pompano Beach, Fla., has been acquired by the private equity firm Quarry Capital Management (Natick, Mass.).
“Quarry’s operational and strategic resources and deep experience in the distribution and manufacturing space will enable Royal to improve its cutting-edge, industry-leading programs to maintain the expected high level of customer service for which Royal is known,” said Robert Siegel, Royal’s chief executive officer. “We look forward to expanding our product offerings and maintaining the same customer focus that has always been the foundation of our success.”
The company will continue to operate with its current management team in its New York and Florida locations.
“We are excited about working with the Quarry team and having them participate in the next phase of Royal’s growth,” said Gary Nocera, Royal’s executive vice president. “We will continue to create and offer innovative programs and tools to keep our customers both profitable and successful for many years to come.”
Brent Johnstone, managing director of Quarry Capital, said he plans to leverage Royal’s market-leadership position and experienced management team to take advantage of new growth opportunities.
Royal Pet Supplies, founded more than 60 years ago, employs more than 400 employees. [June 2009 PET AGE]
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