Outward Hound Acquires Petstages
Outward Hound has acquired Petstages, which is the third and largest acquisition for Outward Hound.
Petstages has won several awards for innovation and business performance, and has developed the Dogwood Chew Stick, Orka chew toys and Invironment scratchers to address the behavioral needs of pets.
“In Petstages, we have found an execution-oriented, passionate culture of pet experts with impressive product offerings that strategically complement our own,” said Kyle Hansen, CEO of Denver-based Outward Hound. “We are excited to bring together our extraordinary teams so we can continue to create the most innovative pet products in the world.”
“Providing products with purpose is the cornerstone of the Petstages philosophy,” said Torjus Lundevall, Petstages’ president. “This gives us the greater capacity and resources that we need to provide continuous innovation and develop new meaningful product solutions.”
The deal enables Outward Hound to expand distribution into new retail and specialty channels while introducing new product offerings to its existing customer base.