BrightPet Nutrition Receives Loan for Acquisition by Alvarez & Marsal

BrightPet Nutrition Group LLC received a senior secured credit facility backing an acquisition of the company by Alvarez & Marsal Capital Partners.

Varagon Capital Partners is administrative agent. Varagon and Morgan Stanley Private Credit are joint lead arrangers.

BrightPet Nutrition Group develops and manufactures private label and branded pet food and treats. Brands include Blackwood, Adirondack and By Nature. The company was founded in 1962 by the Golladay family of Ohio.