Business & Tech
Novato Pet Supply Company Acquires Rival Firm
Novato-based Worldwise last month acquired Pet Factory, a Mundelein, Illinois-based company.
NOVATO, CA — A Marin pet supply company has acquired a rival company.
Novato-based Worldwise last month acquired Pet Factory, a Mundelein, Illinois-based company.
Worldwise is a portfolio company of the A&M Capital platform.
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Pet Factory, considered an innovative leader in pet chews, treats, toys, and accessories, was founded in 1989.
"We are a different business today than we were six months ago, thanks to the continued success of our M&A strategy in bolstering the Worldwise platform with innovative brands, products and production capabilities that meet the highest standards of both quality and safety," Worldwise CEO Kevin Fick said in a statement.
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"With this acquisition, Worldwise gains a leader in the chew and treat space with strategic domestic manufacturing capabilities and strong customer relationships. The entire Worldwise team is thrilled to welcome Pet Factory to the family and to add their exceptional team to our platform.
"We also want to thank Tom Miller and Marco Corsi, who have been tremendous leaders of the business. We look forward to continuing and growing their legacy."
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