Source: Business Wire
Morgan Stanley Capital Partners (MSCP), the middle-market private equity arm of Morgan Stanley Investment Management, has acquired FoodScience, a Vermont-based provider of pet and human nutritional supplements, from Wind Point Partners. FoodScience, known for its science-driven approach, markets its products under brands such as VetriScience®, DaVinci®, and Pet Naturals®, alongside private-label offerings. Sharon Rossi will continue as CEO.
MSCP praised FoodScience’s 50-year legacy, reputation, and innovative mission to promote healthier lives for pets and people. The partnership aims to accelerate growth through organic expansion and strategic acquisitions. This acquisition marks MSCP’s third investment in the pet and animal health sector, following successful exits of Compana Pet Brands and Thrive Pet Healthcare in 2020. Jones Day provided legal counsel, while William Blair served as the exclusive financial advisor for the transaction. The acquisition reinforces FoodScience’s mission-driven culture and positions it for continued innovation and growth.
Read the full story HERE: https://www.businesswire.com/news/home/20241118822513/en/Morgan-Stanley-Capital-Partners-Acquires-FoodScience