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H.I.G. Capital Acquires Majority Stake in Pet Brand Outward Hound

Centennial-based pet product manufacturer Outward Hound has changed hands, with investment firm H.I.G. Capital stepping in as the new majority owner. The deal aims to inject fresh capital into the company’s product development pipeline, strengthening its portfolio of dog and cat brands while expanding its reach across retail channels.

H.I.G. Capital Acquires Majority Stake in Pet Brand Outward Hound

The acquisition marks a strategic shift for the Colorado company, which oversees a diverse stable of pet labels including Best Friends by Sheri, Nina Ottosson, and Planet Dog. CEO Jared Mosher confirmed the transition on July 9, 2026, noting that the partnership provides the necessary financial flexibility to scale operations and deepen existing retail relationships. The company intends to maintain its focus on high-quality toys, feeders, and treats for the pet market.

For H.I.G. Capital, the move aligns with its broader strategy of backing middle-market enterprises. Managing Director Vivek Jain expressed optimism regarding the collaboration, highlighting the potential for growth within the pet industry. With $75 billion in capital under management, the Miami-based investment firm plans to leverage its global infrastructure to support Outward Hound’s objective of accelerating innovation and capturing new category opportunities.

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