Nexus Capital Management Acquires Natural Balance Premium Pet Food Business from The J.M. Smucker Co.

Nexus Capital Acquires Smucker's Natural Beverage and Grains Businesses (R.W. Knudsen, TruRoots)

January 31, 2022

Food & Beverage

The J.M. Smucker Co. completed the sale of its natural and organic beverage and grains businesses — including the R.W. Knudsen and TruRoots assets and trademarks plus a licensing agreement for Santa Cruz Organic beverages — to Nexus Capital Management LP for $110 million in cash (subject to working capital adjustments). The transaction includes manufacturing and distribution facilities in Chico, California and Havre de Grace, Maryland, and Nexus plans to operate the acquired brands as an independent consumer platform led by Bobby Chacko as chairman and CEO.

FoodScience Acquires Natural Dog Company

April 25, 2025

Consumer Products

FoodScience, LLC has acquired Natural Dog Company, a North Carolina–based maker of dog care products and supplements. The deal—terms not disclosed—is FoodScience's first acquisition since becoming a portfolio company of Morgan Stanley Capital Partners and expands FoodScience's presence in pet wellness and supplements.

Beach Point Capital Management Acquires Controlling Stake in Wet Noses

February 16, 2023

Food & Beverage

Beach Point Capital Management’s Tactical Fund has acquired a controlling stake in Wet Noses, a Seattle-area manufacturer of human‑grade, natural and organic pet food and treats. The transaction, done in partnership with founder Jasmine Galligan (who will return as CEO), will finance expansion of Wet Noses’ manufacturing capacity to meet rising demand and support growth in branded and private‑label contract manufacturing.

Second Nature Brands Acquires Sahale Snacks from The J.M. Smucker Co.

September 27, 2023

Food & Beverage

Second Nature Brands, a Michigan-based snack platform, has agreed to acquire Sahale Snacks from The J.M. Smucker Co. for $34 million. The deal includes Sahale trademarks and a leased manufacturing facility in the Seattle area and will transition approximately 100 employees to Second Nature Brands; the acquisition is an add-on to Second Nature Brands' premium snack portfolio.

Nexus Capital Management LP Makes Strategic Growth Investment in Sky Organics

May 13, 2021

Consumer Products

Nexus Capital Management LP completed a strategic growth investment in Sky Organics, a family-owned natural and certified organic personal care brand. Nexus said it will increase marketing investments and support the company's growth and distribution expansion for its clean-beauty product lines.

Pet Supplies Plus Acquires Wag N' Wash Natural Pet Food & Grooming

February 23, 2022

Retail

Pet Supplies Plus, a subsidiary of Franchise Group, announced the acquisition of Wag N' Wash, a natural pet food, self-wash, and grooming franchise with more than 15 locations. Wag N' Wash founders will remain for a minimum of two years and the brands will continue to operate separately while Wag N' Wash gains access to Pet Supplies Plus's supply chain, fulfillment and expansion resources.