Enact, Endless’s SME investment division, has acquired pet food company Kennelpak.
Nottingham-based Kennelpak is a wholesaler of own-brand and third party pet foods. It also offers training and grooming services, and nutritional advice.
The company has 21 retail stores, primarily around the Midlands. It has 275 staff, turnover of more than £23m, and is profitable.
Kennelpak has been bought from its family owners. Enact has appointed a new chairman in Chris Peck, who held the same role at former portfolio company West Cornwall Pasty Co, and will bring in a new chief executive.
Investment director Chris Cormack and investment manager Paul Denvers worked on the deal for Enact. The firm was advised by Bond Dickinson and KPMG. Clearwater International advised the vendor.