H.I.G. Capital takes majority stake in pet products maker Outward Hound

What's the deal? Funds affiliated with H.I.G. CapitalDealroom has a profile for this one. Try Dealroom → have taken majority ownership of Outward HoundDealroom has a profile for this one. Try Dealroom →, the Centennial, Colorado-based maker of dog and cat products. The deal was announced on July 9, 2026; terms were not disclosed.

What's the endgame? Outward Hound designs, manufactures, and distributes toys, games, gear, feeders, beds, and treats across a family of brands including Best Friends by SheriDealroom has a profile for this one. Try Dealroom →, Catstages, Planet Dog, and Nina Ottosson. It says the backing will fund product innovation, deepen retail partnerships, and open new category opportunities.

The rationale: "H.I.G.'s support gives us greater flexibility to invest behind our brands, accelerate product innovation, and pursue growth opportunities," said chief executive officer Jared MosherDealroom has a profile for this one. Try Dealroom →.

H.I.G. is a global alternative investment firm with $75 billion of capital under management, based in Miami. Since its founding in 1993, it has invested in and managed more than 400 companies; its current portfolio holds more than 100 companies with combined sales above $53 billion.

Vivek Jain, a managing director at H.I.G. Capital, said the firm was "pleased to partner with Outward Hound and the leadership team to expand the business."

The signal: The deal adds Outward Hound to a growing list of pet-focused brands drawing private equity interest, as investors bet on steady spending by pet owners. For Outward Hound, majority ownership by a large capital manager marks a shift from independent operator to portfolio company.

Read more: PR Newswire