Author: Carlos Martinez

Westminster Pet Productsa developer and marketer of pet treats and products, is in the final stages of the sales process through William Blairaccording to three sources familiar with the matter. Westminster based in Cumberland, Rhode Island is owned by AUA Private Equity Partners and has an EBITDA of around USD 12m, sources said. Second-round bids were collected in early May, according to one of the sources. Three of the sources said the company was looking for a valuation in the high single digits of EBITDA, with two of them saying the bids came in around 8x-9x EBITDA. While the pet…