Antelope, Alpine’s Consumer Pet Platform, Acquires Pet Health and Wellness Brand, Ark Naturals
TAMPA, Fla. & SAN FRANCISCO–(Company WIRE)–Antelope, an omni-channel, pet wellness platform centered on providing higher-excellent, all-natural pet merchandise and services, has announced its acquisition of Ark Naturals Company (“Ark Naturals”), an market top pet well being and wellness brand name. Ark Naturals will go on to function underneath its brand name in Antelope and Michael Stoeckle will continue on as CEO.
Jay and Susan Weiss, founders of Ark Naturals, started out the enterprise in 1996 with the goal of providing the finest items for animals. These days, the business has set up itself as an innovator and leader in the area by supplying natural, science-backed items that work collectively to make an intentional regimen developed to retain animals balanced and enhance the good quality of their lives. Ark Naturals has over 70 SKUs and focuses on five product or service categories – dental, hip and joint, pores and skin and coat, senior, and wellness. Ark Naturals’ modern solutions in the dental classification, such as its Defense+ Brushless Toothpaste chews that essentially prevent plaque and tartar buildup just before they start, have assisted the enterprise increase to a lot more than 12,600 destinations across PetSmart, Petco, Full Foodstuff, e-commerce internet sites, independent pet stores, and many many others.
Antelope was introduced in August 2021 by Alpine Traders (“Alpine”), a men and women-driven private equity company that invests in software, enterprise companies and consumer expert services firms, and Founder and CEO, Wendy Wen, with the mission to construct a following-generation conglomerate of superior-excellent pure pet makes. Ark Naturals is Antelope’s fourth acquisition and will sign up for Antelope’s suite of pet brand names: Bocce’s Bakery, an all-organic, minimal substances pet treats and health supplements model, Diggin’ Your Dog and Tremendous Snouts, a main supplier of significant excellent pet CBD nutritional supplements, health and fitness solutions and treats, and Doggo, nationwide electronic insurance and coaching providers service provider for canines and cats.
“Deciding on to spouse with Antelope was an simple conclusion. Not only does Antelope have the skills to support mature our brand name and assortment of revolutionary merchandise, but we share the very same core values of integrity, transparency, honesty and ingenuity with the final intention of keeping our animals satisfied and healthful,” explained Michael Stoeckle, CEO of Ark Naturals. “As we enter our up coming chapter, we are enthusiastic to find out from each and every other and go on to give the quite best purely natural items to help treatment for our pets.”
“As a person of the pioneers in the all-natural pet product area, we are enthusiastic to companion with Ark Naturals. We will get the job done jointly to develop their purchaser foundation, increase their on line presence and keep on to create differentiated solutions,” stated Wendy Wen, Founder and CEO of Antelope. “Since starting Antelope late past 12 months and with the addition of Ark Naturals, we are very well on our way to be a next-era conglomerate of superior-good quality organic pet brand names.”
Pet ownership carries on to increase with 70{35112b74ca1a6bc4decb6697edde3f9edcc1b44915f2ccb9995df8df6b4364bc} of U.S. households possessing a pet in 2021, which is up from 67{35112b74ca1a6bc4decb6697edde3f9edcc1b44915f2ccb9995df8df6b4364bc} in 2019 and 62{35112b74ca1a6bc4decb6697edde3f9edcc1b44915f2ccb9995df8df6b4364bc} in 2011. In addition to the enhance in pet ownership, 83{35112b74ca1a6bc4decb6697edde3f9edcc1b44915f2ccb9995df8df6b4364bc} of young, affluent pet homeowners mentioned they are inclined to pay back a high quality on organic pet items.1
Lincoln International LLC served as economical advisor to Ark Naturals and Morrison & Foerster served as lawful counsel to Antelope.
About Ark Naturals Organization
Ark Naturals Corporation delivers premium practical treats, pet dietary supplements, and wellness products to continue to keep your pet as joyful and balanced as doable via each lifestyle phase. We consider pets should have the very best, so we delight ourselves on sourcing the optimum high quality, organic substances. Our trustworthy formulas have been cautiously crafted in the Usa for above 25 years. Separately, they are very helpful, but our synergistic products and solutions do the job even greater when applied jointly. We invite pet moms and dads to develop a personalized full overall health regimen that is as exceptional as your pet to preserve them “Healthy from Tooth to Tail.”
About Antelope
Antelope was established in August 2021 with the mission to elevate the lives of all animals by delivering the greatest-top quality pet products and services by way of a purchase and establish technique. “Ante” signifies to boost the stakes or thought of, and “lope” means to leap with bounding measures. Jointly, Antelope will be environment higher aims and criteria for pet merchandise and solutions globally. Small business house owners intrigued in studying a lot more about partnerships with Antelope should really contact Tyler Frances at [email protected]. To study much more, take a look at: https://www.antelopepets.com/.
About Alpine Buyers
Alpine Traders is a folks-pushed personal equity agency that is dedicated to setting up enduring companies by functioning with, discovering from, and developing extraordinary individuals. Alpine specializes in investments in organizations in the software package and services industries. Its PeopleFirst approach incorporates a expertise plan which allows Alpine to carry leadership to conditions where by further or new management is wanted write-up-transaction. Alpine is presently investing out of its in excess of $2.25 billion eighth fund. For additional data, stop by www.alpineinvestors.com.
1: Sources American School of Veterinary Ophthalmologists, American Pet Items Association, Nielsen, Packaged Info, L.E.K. Consulting, GlobalNewswire, U.S. Census Bureau and Statista.