Allegiance Capital Facilitates $3.0 Million Investment in Chenango Valley Pet Foods, Inc. by BHC Interim Funding III, L.P.
Allegiance Capital announced today that BHC Interim Funding III, L.P. has completed a $3.0 million investment in Chenango Valley Pet Foods, Inc., an Allegiance Capital client. The proceeds will be used to support increased business from both new and existing customers and to generate savings through improved procurement of materials.
Chenango Valley Pet Foods, Inc. is one of the leading contract manufacturers of premium, holistic natural and organic pet foods in the United States.
It was incorporated in 1981 and is headquartered in Sherburne, NY. A pioneer in the organic pet food space, Chenango owns the first organic-certified plant in the U.S. and is the only USDA organic certified pet food producer on the east coast.
Chenango manufactures dry dog and cat foods for a number of the most respected super-premium branded customers in the industry. The company is also a supplier of private label brands to its retail customers.