- H.I.G. Capital has acquired a majority ownership position in Outward Hound.
- The investment is intended to accelerate product innovation and expand the company’s portfolio.
- Outward Hound plans to deepen relationships with retail partners while pursuing new category opportunities.
- Company leadership says the transaction provides greater flexibility to invest in brand growth and product development.
- Outward Hound’s portfolio includes several well-known companion animal brands spanning toys, enrichment products, treats, feeders, and pet gear.
Outward Hound has announced that funds affiliated with global investment firm H.I.G. Capital have assumed majority ownership of the companion animal products company, marking a significant milestone in its long-term growth strategy.
The transaction provides the Colorado-based company with additional financial and operational resources to expand its family of dog and cat brands while accelerating product development and strengthening its position within the competitive pet care marketplace.
Investment aimed at accelerating growth
According to Outward Hound CEO Jared Mosher, the partnership is designed to give the company greater flexibility to invest in innovation while maintaining its focus on serving pet parents and retail partners.
Mosher said the company plans to build on its established portfolio through continued product development, expanded category offerings, and stronger customer relationships.
“Our focus remains on creating distinctive brands, developing innovative products, and delivering value to both pet owners and retail partners,” he said.
H.I.G. sees opportunity in companion animal market
H.I.G. Capital, which manages approximately $75 billion in assets globally, said it views Outward Hound as well positioned for continued expansion.
Managing Director Vivek Jain said the investment firm looks forward to working alongside the company’s leadership team to capitalize on future growth opportunities and further expand the business.
Broad portfolio of companion animal brands
Outward Hound is recognized for its portfolio of companion animal products, including toys, enrichment games, feeders, beds, treats, and travel gear for dogs and cats.
Its brand family includes Outward Hound, Best Friends by Sheri, Catstages, Wholesome Pride Pet Treats, Nina Ottosson, Planet Dog, and Pupstages, serving retailers and pet owners across North America and other international markets.
The acquisition positions the company to continue investing in product innovation while expanding its presence across existing and emerging pet care categories.
Information sourced from the company’s press release.
