Veterinary Pharmaceutical Solutions Acquires Diamond Animal Health

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.

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.

Custom Veterinary Services Acquires Green Mountain Animal to Form CompletePet

February 10, 2025

Veterinary

Custom Veterinary Services (a portfolio company of Align Capital Partners) has acquired Green Mountain Animal, LLC, combining capabilities in soft chew, powder and liquid pet health products. The combined business will be rebranded as CompletePet to create a larger CDMO/pet health products platform with expanded R&D, manufacturing and supply-chain capacity.

DW Healthcare Partners Invests in Vets Plus and Noble Pharma

January 10, 2022

Veterinary

DW Healthcare Partners completed a growth capital investment in Vets Plus, Inc. and Noble Pharma, LLC, backing the animal-health manufacturer to scale operations and expand pharmaceutical capabilities. As part of the transaction, Dave Nelson becomes President and CEO of Vets Plus while founder Raj Lall transitions from day-to-day management and remains on the board.

P3 Technologies Raises $10M and Acquires Heartland Veterinary Pharmacy and VetApproved Pharmacy

October 19, 2023

Healthcare Services

Miami-based P3 Technologies raised $10 million from a group of investors including Clarke Capital and used the funding to acquire Heartland Veterinary Pharmacy (Hastings, Nebraska) and VetApproved Pharmacy (Oakland, Tennessee). The acquisitions expand P3T’s pet-pharmacy capabilities and e-commerce/mail-order footprint as part of its strategy to integrate pharmacy services into its pet-health technology platform.

Persistence Capital Partners Invests in Summit Veterinary Pharmacy

April 14, 2020

Healthcare Services

Persistence Capital Partners (PCP) announced an investment in Summit Veterinary Pharmacy, a Canada-based veterinary compounding pharmacy headquartered in Aurora, Ontario. The transaction — described as the fourth platform investment for PCP Fund III — will support Summit's next phase of growth and strengthen its ability to supply prescription compounded medications to veterinary clinics across Canada; terms were not disclosed.