Custom Veterinary Services Acquires Green Mountain Animal to Form CompletePet

Align Capital Partners Majority Recapitalizes Custom Veterinary Services

March 31, 2021

Veterinary

Align Capital Partners (ACP) has completed a majority recapitalization of Custom Veterinary Services (CVS), a Miami-based contract manufacturer and custom formulator of nutritional, dermatological, and grooming products for companion animals. As part of the transaction, industry executive Worth Turner joined CVS as a shareholder and CEO to help scale operations, while founder Ruben Martinez and family remain involved; ACP intends to provide capital and growth expertise to expand the company's manufacturing and R&D capabilities.

Veterinary Pharmaceutical Solutions Acquires Diamond Animal Health

January 18, 2024

Veterinary

Veterinary Pharmaceutical Solutions (VPS), a Granite Creek Capital Partners portfolio company, acquired Diamond Animal Health from Mars Corporation. Granite Creek supported the deal with a follow-on investment from its FlexCap II fund, creating an integrated animal health platform combining VPS's compounding capabilities with Diamond's contract manufacturing and vaccine production.

Vimian Group (Nextmune) Acquires GlobalOne Pet Products

December 3, 2021

Food & Beverage

Vimian Group's Specialty Pharma segment Nextmune has acquired GlobalOne Pet Products LLC, a US-based maker of super-premium, rawhide-free pet treats and chews. The deal is valued at USD 50 million plus up to USD 30 million in earnouts, and will be consolidated into Vimian's Specialty Pharma segment; GlobalOne's co-founder Michael Farmer will continue to lead the business.

VetCor Acquires People, Pets & Vets

September 7, 2022

Veterinary

VetCor, a PE-backed operator of veterinary practices (portfolio company of funds managed by Harvest Partners and Cressey & Company), has acquired People, Pets & Vets (PPV), a veterinarian-led network of more than 150 animal hospitals across the western and southern United States. The deal expands VetCor's national footprint and combines two multi-location veterinary operators to broaden clinical resources, support services and career opportunities for veterinary teams.

Rarebreed Veterinary Partners Acquires Vet's Best Friend Group

June 30, 2022

Veterinary

Rarebreed Veterinary Partners, a Portland, Maine–based operator of veterinary practices (majority backed by Revelstoke Capital Partners), has acquired Massachusetts-based Vet's Best Friend, adding 47 locations to Rarebreed's existing 71 practices. The transaction creates one of the largest, well-capitalized veterinary practice platforms in the U.S. and is positioned to accelerate expansion of general practice, urgent care, and specialty emergency hospitals.

Gryphon Investors Acquires Vetnique Labs

April 20, 2023

Consumer Products

Gryphon Investors, a San Francisco-based private equity firm, has acquired Vetnique Labs, a Naperville, Illinois-based pet health and wellness company. Gryphon will partner with founder and CEO James Bascharon (who will remain in role and retain a significant stake) to expand Vetnique’s product portfolio and geographic reach; financial terms were not disclosed.