Private equity firm Olympus Partners announced this week the sale of pet-products provider Petmate— for a price totaling about $280 million more than what it paid for the company four years ago. Olympus sold Petmate for nearly $700 million, compared with an acquisition price of $420 million in 2017, according to sources familiar with the transaction.
The buyer, private equity firm Platinum Equity, is headquartered in Beverly Hills, Calif., but it also has offices in other locations including the Greenwich Office Park in Greenwich.
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