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Winona Capital Invests in Petsense

Chicago-based private equity firm Winona Capital Management, along with existing investors, has made a strategic investment in Petsense, a rapidly growing US chain of specialty pet supply retail stores.

“We are extremely excited to partner with Petsense. Bob Angstead (Petsense CEO) and his team have sharpened the pet retail model,” says Winona Managing Director Laird Koldyke. “With this capital infusion, Petsense will accelerate the expansion of their proven retail and distribution model nationwide.”

Winona’s investment will allow Petsense to rapidly build 100+ new stores throughout targeted markets in the United States. Petsense currently has 50 company owned stores in 16 states.

“It is with great pleasure and pride we are announcing our partnership with Winona Capital,” says Bob Angstead. “They will significantly add value to our business through their extensive retail and pet industry background. We look forward to rapidly entering and expanding into many more pet loving markets throughout the country.”

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