Guardian Capital Partners, a private investment firm, has acquired the assets of Hyper Pet.
“Hyper Pet is a category leading innovator in the pet products space,” said Peter Haabestad, co-founder and managing partner of Guardian Capital Partners. “We look forward to partnering with the entire Hyper Pet executive management team and bringing the necessary resources, guidance and governance to further develop and accelerate the company’s growth strategy.”
Guardian Capital Partners has been proactively seeking to make investments in the pet products sector, an industry that has grown to $61 billion in 2015 and is comprised of approximately 85 million pet owners in the U.S. alone.
“We have had a successful 30 year run under the prior family-owned structure of the company,” said Randy Woods, Hyper Pet’s CEO. “We are thrilled to partner with Guardian Capital Partners and to embark on the next chapter of growth for the benefit of the company and our valued consumers.”