SDR Ventures Provides $2,300,000 in Growth Financing to Petersen Pet Provisions, LLC
Denver, CO – December 31, 2008 – SDR Ventures, Inc. (“SDR Ventures”), in conjunction with Stonehenge Growth Capital (“Stonehenge”), announced a $2,300,000 subordinated debt investment to support the growing working capital needs of Petersen Pet Provisions, LLC (“Petersen Pet”).
Based in Denver, CO, Petersen Pet is a wholesale distributor of holistic and natural pet foods and products. All of the Company’s product lines are recognized by the pet food industry as the best in their category. From all-natural canine feeds to our organic cat litter, Petersen only sells products that exceed industry standards and customer expectations.
SDR Ventures served as financial advisor to Petersen Pet and principal investor of subordinated debt, conducted due diligence, and closed funding.
Petersen Pet Provisions, LLC is a distributor of natural and holistic pet foods and products. It is recognized within the pet industry for providing pet products that exceed industry standard and customer expectations. More information can be found at www.petersenpet.com.