Peakstone Advises Mammoth Pet Products on Sale to SportPet Designs

January, 2025. Peakstone served as exclusive M&A advisor to CB Worldwide Inc. (DBA – Mammoth Pet Products) (“Mammoth”) in connection with its sale to SportPet Designs, LLC (“SportPet”), a portfolio company of Topspin Consumer Partners (“Topspin”). This is Peakstone’s third pet industry transaction closed in the last 60 days, continuing the firm’s long-standing commitment to and success serving business owners in the pet industry.

Mammoth, founded by Charles Byrne in 1995 and based in Mammoth Lakes, CA, designs, manufactures, and distributes innovative, high quality, and interactive branded pet toys. Mammoth is best known for its durable line of Flossy Chew® rope tug toys and Tire Biter® toys.

Mammoth Pet Owner and CEO, Charles Byrne, said, “Peakstone was an incredible asset to have on the sell-side.  Peakstone assisted in all aspects of the transaction from start to finish – finding us a great buyer and navigating through all of the due diligence and legal documentation.  Very much enjoyed the process and could not have done transaction without a sell-side dream team.”

SportPet designs and manufactures a broad range of branded and private label pet durable products including toys, crates, beds, furniture, and feeding accessories. SportPet’s products are available at major retailers such as Walmart, Target, and Petco, as well as easily found online at Amazon, Chewy, and Walmart+.

Topspin Consumer Partners, a private equity firm based in Mamaroneck, New York, specializes in investing in consumer products and services companies.

Terms of the transaction were not disclosed.

For additional information, please contact:

Stephen Sleigh, Managing Partner, 312-771-1471, ssleigh@peakstone.com

Brad Curtis, Operating Advisor, 847-770-1499, bcurtis@peakstone.com

About Peakstone

Peakstone is a leading investment bank that specializes in mergers and acquisitions, advisory, and capital raising for middle market clients. Our team is comprised of senior investment banking professionals who have decades of experience and have executed hundreds of transactions totaling billions of dollars. For additional information, visit www.peakstone.com. To receive investment and proprietary acquisition opportunities, please register at www.peakzone.com.

 

Securities offered through Peakstone Securities, LLC member FINRA/SIPC. All investments involve market risks, including the loss of principal. Past performance does not guarantee future results. Information on this website is not intended to be a recommendation or specific investment advice. Securities or companies mentioned are for illustrative purposes only and are not a recommendation to buy or sell. Investment decisions should be made based on an individual’s objectives and risk tolerance. Information on this website is intended for US residents only and does not constitute an offer to buy or sell securities in any jurisdiction to whom it is not lawful to make such an offer. Peakstone Securities, LLC is registered as a broker-dealer in the following states: Click here to see licensed states. The information provided does not constitute an offer to buy or sell in any jurisdiction to whom it is not lawful to make such an offer.
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Michael Ewing joins Peakstone as Managing Director

January, 2025. Michael Ewing is a Managing Director focused on life sciences and bio-pharma outsourced services. His clients provide services to drug developers at every point along the development paradigm, from very early-stage ideation and screening through all phases of pre-clinical testing, animal toxicology and clinical development, data collection and analysis, protocol design, patient recruitment, clinical trial conduct/management, FDA application preparation and submission, regulatory consultation and post-approval commercial manufacturing, packaging, and distribution.

Prior to Peakstone, Mike was a Managing Director at Capstone Partners. In 1996 Mr. Ewing lead the structuring and capitalization of a cross-border joint venture with the Ministry of Public Health of the People’s Republic of China that included the creation of the first Contract Research Organization (CRO) and GLP laboratory in the PRC.

Mr. Ewing spent 11 years with Montrose Group, an incubator/venture capital firm formed to create companies based on disruptive technologies to reform the way in which new drugs were developed. Montrose Group was created in response to the dramatic acceleration of the volume and complexity of drug discovery driven by the discovery of new human disease pathways that followed from the decoding of the human genome and subsequent biological discoveries.

Since 1996 his career has revolved around the drug development paradigm, whether as a banker or investor. He works with innovative, entrepreneurial firms seeking to accelerate the development of therapeutic and diagnostic discoveries that can benefit patients and caregivers by pushing the boundaries of science and medicine. He works to assist clients in implementing strategies to capitalize and provide liquidity to creators of innovative approaches to enhance patients’ well-being.

Mr. Ewing holds a B.A. degree in Mathematics/Economics from Indiana University and a J.D. from the Maurer School of Law at Indiana University, Bloomington. He resides in New Jersey and is an avid skier, sailor and father to three (thankfully) grown children.

About Peakstone

Peakstone is a leading investment bank that specializes in mergers and acquisitions advisory and capital raising for middle market clients. The team is comprised of senior investment banking professionals who have decades of experience and have executed hundreds of transactions totaling billions of dollars. For additional information, visit www.peakstone.com.

 

Securities offered through Peakstone Securities, LLC member FINRA/SIPC. All investments involve market risks, including the loss of principal. Past performance does not guarantee future results. Information on this website is not intended to be a recommendation or specific investment advice. Securities or companies mentioned are for illustrative purposes only and are not a recommendation to buy or sell. Investment decisions should be made based on an individual’s objectives and risk tolerance. Information on this website is intended for US residents only and does not constitute an offer to buy or sell securities in any jurisdiction to whom it is not lawful to make such an offer. Peakstone Securities, LLC is registered as a broker-dealer in the following states: Click here to see licensed states. The information provided does not constitute an offer to buy or sell in any jurisdiction to whom it is not lawful to make such an offer.
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Peakstone Advises Seedbox Solution on Management Buyout Transaction

January, 2025. Peakstone served as exclusive financial advisor to Seedbox Solution (“Seedbox”) on its management-led buyout transaction. Granite Creek Capital Partners, along with co-investors Hidden River Strategic Capital and Everside Capital Partners, provided investment to support the buyout of Seedbox’s previous majority shareholder and to gain access to significant growth capital.

Headquartered in Gurnee, IL, with operating sites in Good Hope, IL and Shenandoah, IA, Seedbox is a full-service provider of reusable packaging and fleet management solutions to the row crop seed industry with a focus on plastic seed boxes. Seedbox provides seed box washing, repair, & rentals to the agriculture industry.

Matt Dannenfeldt, co-founder and CEO said “We were referred to Peakstone through our accounting firm. They immediately saw what we were about, not just financially but culturally, which we felt was equally important in the type of deal we were seeking. They guided us through a very complicated deal and always had the best interests of the business and management team top of mind. We are excited about our future and we wouldn’t be here without Peakstone navigating this deal for us.”

Terms of the transaction were not disclosed.

For additional information please contact:

Matt Norris, Managing Director, 312-978-9844, mnorris@peakstone.com

Alex Fridman, Managing Partner, 312-346-7303, alex@peakstone.com

Connor Ryan, Associate, 630-363-2601, cryan@peakstone.com

About Peakstone

Peakstone is a leading investment bank that specializes in mergers and acquisitions, advisory, and capital raising for middle market clients. Our team is comprised of senior investment banking professionals who have decades of experience and have executed hundreds of transactions totaling billions of dollars. For additional information, visit www.peakstone.com. To receive investment and proprietary acquisition opportunities, please register at www.peakzone.com.

 

Securities offered through Peakstone Securities, LLC member FINRA/SIPC. All investments involve market risks, including the loss of principal. Past performance does not guarantee future results. Information on this website is not intended to be a recommendation or specific investment advice. Securities or companies mentioned are for illustrative purposes only and are not a recommendation to buy or sell. Investment decisions should be made based on an individual’s objectives and risk tolerance. Information on this website is intended for US residents only and does not constitute an offer to buy or sell securities in any jurisdiction to whom it is not lawful to make such an offer. Peakstone Securities, LLC is registered as a broker-dealer in the following states: Click here to see licensed states. The information provided does not constitute an offer to buy or sell in any jurisdiction to whom it is not lawful to make such an offer.
Business Continuity Plan

Peakstone Advises Paws Pet Resort on its Sale to Best Friends Pet Care

January, 2025. Peakstone served as the exclusive M&A advisor to Paws Pet Resort in connection with its sale to Best Friends Pet Care, a portfolio company of Mosaic Capital Partners.

Paws Pet Resort, based in Sioux Falls, South Dakota, is a regional, market leading pet resort and services company. Paws Pet Resort has a broad and differentiated service offering that includes boarding, daycare, training, as well as other specialized services. Paws Pet Resort has historically been family-owned and operated.

Founded in 1996, Best Friends Pet Care provides a holistic suite of pet care service offerings, including pet lodging, pet grooming, pet daycare, doggy day camp, a pet retail boutique and training, to its pet parents in more than 52 locations across 20 states.

Founded in 2013, Mosaic Capital Partners is a private equity firm based in Charlotte, North Carolina. The firm seeks to invest in North American lower middle-market companies operating in the manufacturing, business services, consumer, retail, food and beverage, industrials, and healthcare sectors.

Terms of the transaction were not disclosed.

For additional information please contact:

Robert Meyer, Managing Director, 312-489-3030, rmeyer@peakstone.com

Alex Fridman, Managing Partner, 312-346-7303, alex@peakstone.com

About Peakstone

Peakstone is a leading investment bank that specializes in mergers and acquisitions, advisory, and capital raising for middle market clients. Our team is comprised of senior investment banking professionals who have decades of experience and have executed hundreds of transactions totaling billions of dollars. For additional information, visit www.peakstone.com. To receive investment and proprietary acquisition opportunities, please register at www.peakzone.com.

 

Securities offered through Peakstone Securities, LLC member FINRA/SIPC. All investments involve market risks, including the loss of principal. Past performance does not guarantee future results. Information on this website is not intended to be a recommendation or specific investment advice. Securities or companies mentioned are for illustrative purposes only and are not a recommendation to buy or sell. Investment decisions should be made based on an individual’s objectives and risk tolerance. Information on this website is intended for US residents only and does not constitute an offer to buy or sell securities in any jurisdiction to whom it is not lawful to make such an offer. Peakstone Securities, LLC is registered as a broker-dealer in the following states: Click here to see licensed states. The information provided does not constitute an offer to buy or sell in any jurisdiction to whom it is not lawful to make such an offer.
Business Continuity Plan

Peakstone Publishes Industry Reports

December, 2024. Peakstone’s industry reports can be accessed through the links below. We deliver sector knowledge, experience, and relationships to every client. Please contact us for additional information about our services.

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Update: Transportation and Logistics M&A Update – December, 2024

December, 2024

As of Q3 2024, the median transaction value in Transportation & Logistics was $17 million. As of Q3 2024, strategic buyers accounted for 92% oftransactions.

Select recent notable publicly announced M&A transactions:

–River Horse Logistics closed its acquisition of LYNX Logistics at an undisclosed value in September 2024.

–Radiant Logistics closed its acquisition of Foundation Logistics & Services for $12 million in September 2024.

–Pinsly Railroad Company announced its acquisition of Hondo Railway at an undisclosed value in August 2024.

–Groendyke Transport closed its acquisition of Linden Bulk Transportation at an undisclosed value in August 2024.

–High Desert Management Group closed its acquisition of MTS Transportation at an undisclosed value in July 2024.

Update: Technology and Software M&A Update – December, 2024

December, 2024

As of Q3 2024, the median transaction value in Technology and Software was $45 million. As of Q3 2024, strategic buyers accounted for 93% oftransactions.

Select recent notable publicly announced M&A transactions:

–Mastercard Incorporated announced its acquisition of Recorded Future for $2.7 billion in September 2024.

–Salesforce announced its acquisition of OwnCompany for $1.9 billion in September 2024.

–SoundHound AI closed its acquisition of Amelia US for $80 million in August 2024.

–KBR closed its acquisition of LinQuest Corporation for $745 million in July 2024.

–Rapid7 closed its acquisition of Noetic Cyber for $57 million in July 2024.

Update: Pet M&A Update – December, 2024

December, 2024

As of Q3 2024, the median transaction value in Pet was $8 million. As of Q3 2024, strategic buyers accounted for 89% of transactions.

Select recent notable publicly announced M&A transactions:

–Three Dog Brands closed its acquisition of Tesc Holdings at an undisclosed value in September 2024.

–Best Friends Pet Care closed its acquisition of HHPR at an undisclosed value in August 2024.

–Bansk Group announced its acquisition of PetIQ for $1.4 billion in August 2024.

–Swifto closed its acquisition of Little Friends Pet Sitting at an undisclosed value in July 2024.

–Canopy Capital Partners closed its acquisition of Business Assets of Pet Palette Distribution at an undisclosed value in July 2024.

 

Update: Packaging M&A Update – December, 2024

December, 2024

As of Q3 2024, the median transaction value in Packaging was $144 million. As of Q3 2024, strategic buyers accounted for 88% of transactions.

Select recent notable publicly announced M&A transactions:

–Veritiv Corporation announced its acquisition of Orora Packaging Solutions for $1.1 billion in September 2024.

–Tri-Wall Limited announced its acquisition of Concept Packaging Group at an undisclosed value in August 2024.

–Foam Fabricators closed its acquisition of Lifoam Industries for $137 million in August 2024.

–Sky Island Capital closed its acquisition of Pacific Paper Tube at an undisclosed value in July 2024.

–Future Hospitality Ventures Holdings closed its acquisition of S W C Group for $10 million in July 2024.

Update: Infrastructure M&A Update – December, 2024

December, 2024

As of Q3 2024, the median transaction value in Infrastructure was $56 million. As of Q3 2024, strategic buyers accounted for 88% of transactions.

Select recent notable publicly announced M&A transactions:

–Amber Energy announced its acquisition of PDV Holding for $7.3 billion in September 2024.

–CONSOL Energy announced its acquisition of Arch Resources for $2.6 billion in August 2024.

–The Williams Companies closed its acquisition of Discovery Producer Services for $170 million in August 2024.

–IDEX Corporation closed its acquisition of Mott Corporation for $1.0 billion in July 2024.

–Woodside Energy Group closed its acquisition of Tellurian for $1.2 billion in July 2024.