TSG Consumer Partners Acquires Majority Stake in Pathway Vet Alliance

May 20, 2023

TSG Consumer Partners has acquired a majority stake in Pathway Vet Alliance from investment funds managed by Morgan Stanley Capital Partners (MSCP); Pathway management will continue to lead the company and retain a significant minority interest. Pathway is a multi-site operator of more than 270 general practice, specialty and emergency veterinary hospitals and 86 THRIVE clinics in the United States, and also operates Veterinary Growth Partners, an MSO serving ~5,500 member hospitals.

Targets
Pathway Vet Alliance LLC
Sellers
Investment funds managed by Morgan Stanley Capital Partners (MSCP)
Industry
Veterinary
Location
Texas, United States
Transaction Type
Buyout

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