A sale to AlphaPet Ventures, positioning the premium dog treat brand for continued international growth.

Established in 2012, with its headquarters in Brecon in Powys, Wales, JR Pet Products is a leading UK premium dog treat brand, offering a wide range of natural dog chews and treats. With a strong focus on quality raw materials and products, JR has built a loyal and strong customer base. The brand distributes its products via its own direct-to-consumer website, as well as via business partners.

K3 Deal Advisory managing director Adrian Howells led the sales process for JR Pet Products on behalf of the shareholders, using their usual hands-on and relationship led approach. The K3 Deal Advisory team advised on the business plan and market positioning and undertook a dual track strategic marketing process. This activity generated significant interest from both financial and trade investors and ultimately identified AlphaPet Ventures as the preferred partner.

AlphaPet Ventures is a European based buy and build pet food platform focussed on strengthening its international footprint and further expanding its treats business. AlphaPet is known for digitising the pet market and building and distributing premium brands across Europe. Its portfolio includes premium brands such as Wolfsblut, Wildes Land, Arden Grange, and Herrmann’s Manufaktur. AlphaPet’s strategy focuses on multi-channel distribution, with an emphasis on direct-to-consumer sales. The acquisition of JR Pet Products is AlphaPet’s fourth acquisition since 2020.

K3 Deal Advisory were outstanding partners, making a very complex process seamless for us. Their deep understanding of our company and the market was evident in the tailored marketing materials and their ability to attract strong interest from potential buyers. Proactive and highly engaged throughout, they secured an incredible deal and the right home for our business. Their nature was personable and approachable, and this really made us feel like they were part of our team. They worked to ensure that we understood the many complicated factors that comprise a deal process. If you are looking to sell your business, I highly recommend speaking to the K3 Deal Advisory team\!

Managing director of JR Pet Products, Jonathan Davies said

It was a real pleasure to work with Jon, Becky and Stephen to put their brilliant business into its new home. This transaction delivers continuity for JR Pet Products as part of AlphaPet Ventures and allows the sellers to secure the shareholder value created by JR’s growth trajectory and stellar market reputation. This was a comprehensive and very sizeable deal; it represents a true showcase of what the K3 Deal Advisory team is capable of.

K3 Deal Advisory managing director Adrian Howells commented