AltAssets daily private equity deal roundup – 25/8/23

PAI Partners has agreed to buy dry pet food and treats maker Alphia from JH Whitney Capital Partners. JH Whitney acquired Alphia’s predecessor, CJ Foods, in 2014, and merged it with American Nutrition to create Alphia in 2020. PAI’s previous investments in pet food and contract manufacturing include Royal Canin, Provimi, Diana Pet Food and …