Royal Pet Supplies, an independent full line pet supplies distributor, has been acquired by Massachusetts-based private equity firm Quarry Capital Management.
‘We are pleased to have Quarry as a new partner going forward,’ says Royal Pet chief executive officer Robert Siegel. ‘Quarry’s operational and strategic resources and experience in the distribution and manufacturing space will enable Royal to expand its cutting-edge, industry-leading programs and maintain the high level of customer service for which Royal is known. We look forward to expanding our product offerings and maintaining the same customer focus that has been the foundation of our success.’
Royal’s management team and employees will remain with the company following the acquisition, and the company will continue to be based in Brentwood, New York, and Pompano Beach, Florida.
Royal Executive vice president Gary Nocera says: ‘We are excited about working with the Quarry team and participating with them in the next phase of Royal Pet’s growth. Our ultimate objective is to maintain Royal’s focus on helping our customers through the ever-changing and challenging environment. We will continue to create and offer innovative programs and tools to keep our customers both profitable and successful for many years to come.’
Founded over 60 years ago, Royal Pet Supplies is the second largest independent pet product distributor in the US. Royal Pet offers more than 25,000 products to over 3,000 independent pet stores delivered from warehouse locations in Brentwood, New York, and Pompano Beach, Florida. Royal Pet’s fleet of over 50 trucks covers the eastern seaboard, with additional service available nationwide by UPS and full service carriers.
Quarry Capital Management is a private equity firm focused on acquiring controlling interests in lower middle market manufacturing and distribution based businesses the US. The firm offers capital, operational assistance and strategic growth support.
