Peter Haabestad, a co-founder and managing partner at Guardian, said the firm was attracted to the macroeconomics in the pet space. “It’s growing faster than our general economy,” said Mr. Haabestad, adding he will be testing out the company’s selection of toys with his two black Labradors. Wichita, Kan.-based Hyper Pet’s products include durable plush toys, chew toys, tennis ball launchers, collars and retractable leashes.