J.H. Whitney Capital Partners is buying C.J. Foods Inc. for an undisclosed amount.

C.J. Foods provides custom manufacturing services to pet food brands.

The buyer, a New Canaan, Connecticut-based private equity firm, was founded in 1946 by industrialist John Hay Whitney. The firm is one of the oldest venture capital firms in the U.S. John Whitney invested in Technicolor and backed "Gone with the Wind" and "Rebecca," directed by Alfred Hitchcock. Today, the firm invests in middle market consumer, health care, manufacturing and business services companies. The firm recently sold Igloo Products Corp. to Acon Investments LLC. 

C.J. Foods was sold by Trinity Hunt Partners, a Dallas firm that has invested more than $1.3 billion in equity capital in more than 50 platform companies.

Glenn Gurtcheff, Tim Alexander, Ryan Budlong and Matt Conaty from Harris Williams & Co. acted as financial adviser to C.J.

In April, Mars Inc. agreed to buy three pet food brands from Procter & Gamble Co. For more on the pet sector, see "Outlook for Pet Industry M&A Strong." 

 

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