Three Dog Brands, a Topspin Consumer Partners Portfolio Company, Acquires Kennelmaster Foods, the manufacturer of fast-growing Chip’s Naturals

KANSAS CITY, Mo.--(BUSINESS WIRE)--Three Dog Brands, LLC (“TDB”), a Topspin Consumer Partners portfolio company, has acquired Kennelmaster Foods Inc. (“Kennelmaster”), a manufacturer and marketer of savory pet treats. Kennelmaster sells its products under the “Chip’s Naturals” brand and utilizes dehydration technology to create differentiated, nutritious and high-protein products.

Kennelmaster was founded in 2008 and is currently operated by sisters Vicki Wagner and Joann Bennett. Vicki and Joann have successfully grown the Chip’s Naturals brand with innovative, single-ingredient products that have a humanized element. Chip’s Naturals’ most popular product is “Doggie Chicken Chips”, whose thinness and crunchiness resemble human potato chips. The Company has in-house manufacturing capabilities and produces its “Doggie Chicken Chips” at its facility in New Smyrna Beach, FL.

“We’re excited to welcome Chip’s Naturals to Three Dog Brands,” said Kristi Ross, CEO of TDB. “Chip’s Naturals’ product offering allows TDB to expand beyond its portfolio of confectionery treats into the growing dehydrated treats segment and strengthens our position as the leader in humanized dog treats.”

Aramar Capital Group acted as the exclusive financial advisor to Kennelmaster on this transaction.

About Three Dog Brands, LLC

At Three Dog Bakery® our mission is to help pet parents unleash their unconditional love for their dog with deliciously irresistible dog treats. Three Dog Bakery® has continued this mission by making “humanized” dog treats worthy of the word “treat,” crafted with love and real ingredients. Find our dog treats, such as Lick’n Crunch!® and Assort“Mutt”® Trio in the treat aisles of pet stores, grocery markets, mass retailers and select online retailers in the United States and Canada. Sniff out our treats at threedog.com.

About Kennelmaster Foods, Inc.

Kennelmaster is a leading provider of natural, human grade, dehydrated pet treats made in the USA. Its premium line of dehydrated pet products are sold under the Chip’s Naturals brand on Amazon and in the independent pet channel. Check out our treats at chipsnaturals.com.

About Topspin Consumer Partners

Topspin Consumer Partners is a Mamaroneck, NY-based private equity firm that makes investments in established, profitable, and fast-growing middle-market consumer businesses. The firm invests across a number of sub-verticals within consumer, including health & wellness, personal care, beauty, food & beverage, household goods, pet, and children's products. The Topspin team has considerable operational expertise and collaborates with founder-owners and management teams to build businesses of varying stages and sizes. For more information, please visit topspincp.com.