#USA #H.I.G. Capital #Centennial #Pets #Outward Hound

Outward Hound Welcomes H.I.G. Capital

In a significant strategic move, Outward Hound has announced that funds affiliated with H.I.G. Capital have acquired a majority stake in the company. This partnership marks a pivotal moment for Outward Hound, providing much-needed resources to enhance its offerings and expand its reach in the competitive pet industry.

Exciting Growth Prospects

According to Jared Mosher, CEO of Outward Hound, this acquisition presents an exciting opportunity for their team, allowing for greater flexibility in investing in their brands. The support from H.I.G. Capital will accelerate product innovation, strengthen customer relationships, and explore new market opportunities. "We focus on what makes Outward Hound valuable for pet owners—distinctive brands, strong product development, and trusted customer relationships," said Mosher.

H.I.G. Capital’s involvement is seen as an asset to Outward Hound, giving them the financial backing to widen their product range and further enhance their marketing strategies. By leveraging H.I.G.'s expertise, Outward Hound aims to improve its operations and drive growth.

An Overview of Outward Hound

Outward Hound is renowned for its innovative range of high-quality toys, games, accessories, feeders, and treats designed for dogs and cats. The company has created several beloved brands, including Outward Hound®, Best Friends by Sheri®, Catstages™, Wholesome Pride Pet Treats®, Nina Ottosson®, Planet Dog®, and Pupstages®.

With headquarters in Centennial, Colorado, just outside of Denver, Outward Hound has rapidly established itself as a leader in the pet product sector. Their mission is to enhance the lives of pets and their owners, promoting a happy and active lifestyle for beloved animal companions.

Capital Investment for Innovation

H.I.G. Capital is a leading global alternative investment firm with over $75 billion in assets under management. With a presence in multiple cities across the United States as well as international offices in cities such as Hamburg, London, and Dubai, H.I.G. specializes in providing both debt and equity capital to mid-market companies.

"We are pleased to partner with Outward Hound and its management team to expand the business and seize emerging opportunities," stated Vivek Jain, Managing Director at H.I.G. Capital. Their investment will allow Outward Hound to invest further in product development and marketing initiatives, driving the company’s vision forward.

Commitment to Pet Lovers

This strategic collaboration reflects Outward Hound's commitment to enhancing its brand offerings and driving innovation in the pet product market. The company remains dedicated to developing products that meet the needs and desires of pet owners everywhere. As they embark on this new chapter with H.I.G. Capital, they aim to strengthen their position in the market and deliver even more exciting products for pets and their owners.

As the pet industry continues to grow, partnerships like this are crucial to staying ahead and meeting the evolving preferences of consumers. Outward Hound's collaboration with H.I.G. Capital is not just a significant business move; it's a commitment to the ongoing improvement of pet care products, ensuring they are at the forefront of quality and innovation.

For further details about Outward Hound and its diverse range of products, visit their official website at OutwardHound.com and stay connected via their social media channels including Instagram @OutwardHound. This partnership is shaping not only Outward Hound's future but also the experiences of countless pets and their owners worldwide.