3D Corporate Solutions, a portfolio company of Olympus Partners, has acquired All American Pet Proteins (AAPP).
3D Corporate develops, processes, distributes and sells a variety of pet food products using chicken, turkey, beef, lamb, and other protein sources. The company also produces palatants – ingredient systems that are designed to make pet foods, treats, and supplements taste better. 3D operates four manufacturing facilities in Missouri, Arkansas, North Carolina and South Carolina. The company was founded in 2002 and is headquartered 40 miles east of Joplin in Monett, Missouri. Olympus acquired 3D Corporate in May 2019.
Each week, AAPP produces nearly three million pounds of fresh and frozen proteins including beef, lamb, bison, and buffalo. The company was founded in 2014 by John Landers and Craig Broughton, and is headquartered north of Denver in Greely, Colorado.
“John and Craig have built an impressive business and this acquisition is very complementary to the products and capabilities we currently offer,” said Scott Clawson, the CEO of 3D. “We are excited to partner with the AAPP team to grow the combined business”.
Kirkland & Ellis advised 3D on this transaction. The Kirkland team was led by corporate partners Karen Flanagan and James Faley and associates Jeremy Mandell and Marina Yarnoff.
Olympus invests in a range of industries but has a specific interest in business services, consumer products, healthcare services, financial services, industrial services and manufacturing. In December 2017, the firm held a final closing of its seventh institutional private equity fund, Olympus Growth Fund VII LP, with an oversubscribed $3 billion of capital commitments. The firm was founded in 1988 and is based in Stamford, Connecticut.
© 2021 Private Equity Professional | June 17, 2021