Private equity firm Rainier Partners has invested in Pet Food Express (PFE), a fast-growing pet retailer that sells a range of petfoods, goods, and services from over 60 retail locations throughout California.
The investment will support PFE in expanding its reach to support pets and owners. The company’s history dates back to 1980, when it was founded by Michael Levy.
“For over 30 years, my business partner Mark Witriol and I grew Pet Food Express without outside investment … when it came time to choose a partner we were very selective,” explains PFE Founder and CEO Michael Levy. “We wanted a partner what truly understood our mission and our work in the pet community. We were extremely fortunate to find a cultural match with the team at Rainier.”
Since then, the retailer has helped the growth of the pet industry through its commitment to offering high-quality pet goods and services, and also by supporting local pet shelters and charities. The company is partnered with more than 300 non-profit animal rescue and shelter organisations, and supports them through fundraising activities, donations, volunteer recruitment and adoption support.
The investment comes at an opportune time, as rates of pet ownership continue to grow. PFE’s e-commerce capabilities will be accelerated, alongside its brick-and-mortar presence.
“Now more than ever, pet owners are looking for ways to do what is best for their pets,” says Rainier Co-Founder and Managing Partner Jon Altman. “PFE has provided this level of service for more than 30 years with the right products and highly trained staff.”
Co-Founder and Managing Partner Alex Rolfe adds, “Not only does PFE align with Rainier’s investment focus in the consumer services sector, but the company’s commitment to doing what’s best for pets and their potential for growth elevate this partnership into something truly exciting for everyone involved.”
For more information on Rainier Partners visit their website, HERE.
For more information on Pet Food Express visit their website, HERE.
