Wedgewood Pharmacy (New Harbor Capital) Acquires Leiters Enterprises' San Jose 503B Assets and Wildlife Pharmaceuticals (ZooPharm)

Phibro Acquires Zoetis' Medicated Feed Additive Business

November 1, 2024

Veterinary

Phibro Animal Health Corp. has completed the acquisition of Zoetis Inc.'s medicated feed additive product portfolio and certain water‑soluble products. The deal transfers more than 37 product lines, six manufacturing sites (U.S., Italy, China) and a team of over 300 employees to Phibro, expanding its species coverage and product capabilities across cattle, swine and poultry.

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.

Revelation Pharma Acquires Wedgewood Pharmacy's Human-Health Book of Business

June 16, 2022

Healthcare Services

Osceola Capital's Revelation Pharma platform acquired the human-health book of business from Wedgewood Pharmacy, marking the eighth add-on for the Revelation platform. The deal allows Wedgewood to focus exclusively on veterinary compounding while expanding Revelation's national network of 503A/503B compounding pharmacies; terms were not disclosed.

Welsh, Carson, Anderson & Stowe Acquires Majority Stake in Leiters

November 9, 2021

Pharmaceuticals

Welsh, Carson, Anderson & Stowe (WCAS) acquired a majority ownership stake in Leiters, an FDA-registered 503B outsourced pharmaceutical compounding provider. WCAS invested alongside health system investors including Intermountain Ventures, Novant Health, Rex Health Ventures, Spectrum Health Ventures and UNC Health, while existing investors — including Kaiser Permanente Ventures, Mayo Clinic, Frazier Healthcare Partners, SV Health Investors and H.I.G. BioHealth Partners — made reinvestments to support Leiters' growth, facility expansion and new product development.

Partners Group Acquires Wedgewood Pharmacy from New Harbor Capital

December 9, 2020

Healthcare Services

Partners Group, a global private markets investment manager, has acquired a majority stake in Wedgewood Pharmacy from New Harbor Capital. Wedgewood is a leading U.S. compounding pharmacy for animal health that employs over 700 people across multiple states and serves tens of thousands of veterinarians and hundreds of thousands of pet owners; the deal closed April 1, 2021.

Swedencare AB (publ) Acquires Animal Pharmaceuticals Inc.

September 24, 2020

Veterinary

Swedencare AB (publ) acquired the operations of US-based Animal Pharmaceuticals Inc. for an initial purchase price of USD 15 million (approx. 131 million SEK) plus a potential earnout of up to USD 10 million; consideration includes cash and a directed new share issue. The deal (closed via newly established US subsidiary Animal Pharm Care USA, Inc.) adds a portfolio of supplements and topical veterinary products sold to ~8,500 US veterinary clinics and positions founder Jason Braun to lead the business and become a major Swedencare shareholder.