H.I.G. WhiteHorse, the credit affiliate of H.I.G. Capital, has organized a €120 million financing equipment for Nasta Pet Meals, a France-based mostly mostly, family-owned world group that specialise in extremely-top class pet diet.
The financing supports Nasta’s acquisition of FirstMate Pet Meals, a top class pet food manufacturer based mostly mostly in British Columbia, Canada, and the persisted execution of the Neighborhood’s North American pattern strategy. Following the transaction, the combined change will characteristic an integrated industrial platform in the end of Europe and North America, with consolidated annual manufacturing skill of approximately Forty five,000 a full bunch dry pet food and 4,000 a full bunch wet pet food. The Neighborhood serves more than 400,000 pet-proudly owning households globally and is focusing on approximately €200 million in consolidated revenues in 2026.
Based in 2016, Nasta develops and markets a portfolio of extremely-top class pet diet brands, including Bab’in, Forza10, Pure Code, and FirstMate Pet Meals. The firm combines integrated manufacturing capabilities in France and Italy with world distribution in the end of more than 30 markets, pursuing one scheme that blends natural boost with focused acquisitions.
H.I.G. WhiteHorse Europe stated the transaction underscores its skill to provide versatile and scalable capital solutions to sponsor-much less firms pursuing inappropriate-border acquisitions. H.I.G. Capital manages $74 billion in capital and invests in the end of debt and fairness strategies globally.
KEY QUOTES:
“Our partnership with H.I.G. WhiteHorse marks the starting of a new chapter of boost and maturity for Nasta. The red meat up and belief of this world-class institution spotlight the credibility of our project, of our groups, and of our brands’ heritage. As we’re participating in this boost route, we’re very happy with the change to accomplice with the H.I.G. groups to shape the absolute most sensible scheme forward for our Neighborhood.”
Geoffroy Lefebvre, Chief Executive Officer of Nasta Pet Meals
“We’re joyful to red meat up Nasta with a financing resolution tailored to its strategic ambitions. This transaction highlights H.I.G. WhiteHorse Europe’s skill to bring versatile, scalable capital to help sponsor-much less firms waste transformative inappropriate-border acquisitions.”
Pascal Meysson, Head of H.I.G. WhiteHorse Europe
“We’re happy to red meat up Nasta in this valuable new part of its pattern. Nasta is an very good change: it has an spectacular positioning within the enticing and resilient extremely-top class pet diet segment, integrated industrial capabilities, a compelling world boost strategy, a high-caliber administration group, and highly experienced shareholders. The acquisition of FirstMate Pet Meals marks a key milestone within the Neighborhood’s expansion and vastly strengthens its footprint within the strategic North American market.”
Charles Bourgeois, Managing Director at H.I.G. WhiteHorse Europe