Crescent Capital Group, an alternative credit investment firm, and its European specialty lending strategy, has provided financing to support the acquisition of Assisi Pet Care, a manufacturer of natural cat and dog foods and treats in Europe, by Wind Point Partners, a Chicago-based private equity investment firm.
Assisi Pet Care offers a broad range of branded and private label natural pet foods and treats to pet-specialist retailers, distributors, wholesalers, e-commerce and traditional retailers across the U.K. and continental Europe. Crescent has been involved with Assisi Pet Care since February 2022, when it provided financing for the company’s refinancing and acquisition of Maced Sp. Z.o.o., a European manufacturer of natural dog treats based in Poland, under its previous sponsor Harwood Private Equity. This acquisition gave the company more control over its manufacturing process and further increased its geographical diversification and coverage across all major European pet food markets.
“We are proud to have been the financing partner for Assisi Pet Care and its sponsor Harwood as the company grew to become a leading manufacturer of natural pet food and treats in the U.K. and the E.U.,” Christine Vanden Beukel, managing director and head of Crescent’s European specialty lending strategy,said. “We appreciate being able to continue our financing partnership as Assisi Pet Care enters its next phase of growth with Wind Point Partners, and we believe the company is strongly positioned in the attractive, fast-growing natural treats and natural pet food segment.”
