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.
- Buyers
- TSG Consumer Partners
- 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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