August 24, 2023
Weil is advising private equity firm PAI Partners (PAI) on its acquisition of Alphia, Inc., one of the largest pet food co-manufacturers in North America, from J.H. Whitney Capital Partners.
Headquartered in Denver, Alphia is a leading national manufacturer of pet food in the U.S., manufacturing more than one billion pounds of dry pet food and treats annually on behalf of leading pet food brands and retailers. Alphia also provides milling, R&D, innovation, warehousing, transportation, and distribution services.
This transaction underlines PAI’s expertise in the Food & Consumer sector and its particular experience in pet food and contract manufacturing. With the support of PAI, Alphia will seek to accelerate further North American growth while continuing to deliver best-in-class food safety and unparalleled value for its customers. PAI manages c. €25 billion of dedicated buyout funds and, since 1994, has completed 100 investments in 12 countries, representing over €70 billion in transaction value.
The Weil team advising PAI Partners is led by Private Equity partners Robert Rizzo and Arnie Fridhandler as well as Banking & Finance partner Paul Overmyer. The team also includes Private Equity associates Luisa Perez, Gracy Wang and Talli Sharp; Banking & Finance associates Alison Freudman, Virginia Gordon and Christina Ramos; Executive Compensation & Benefits partners Michael Nissan and Regina Readling and associates Elissa Berdini and Rebekah French; Tax partner Hillel Jacobson and associate Josh Schonfeld; Antitrust/Competition Co-Head Jeffrey Perry and counsel Michael Naughton; Employment Litigation counsel Rebecca Sivitz and associate Brett Bonfanti; Environmental Head Annemargaret Connolly and counsel Matthew Morton; Real Estate partner Jannelle Seales, associates Gillian Burke and Morgan Foulsham (Not Yet Admitted in New York) and attorney Leslie Smith; Regulatory Transactions partner John O’Loughlin, counsel Ariel Fliman and associate Christina Carone; and Technology & IP Transactions partner Olivia Greer and associates Sabrina Chishti, Dominic Farchione, Phillip Grudzina and Adeline Park.