Investment funds managed by Morgan Stanley Capital Partners (MSCP), a middle-market-focused private equity team at Morgan Stanley Investment Management, announced it acquired FoodScience from Wind Point Partners, which is a vertically integrated provider of pet and human nutritional supplements. Sharon Rossi will continue as FoodScience’s Chief Executive Officer.
Based in Williston, Vermont, FoodScience takes a science-first approach to formulating, manufacturing, marketing, and distributing nutritional supplements for pets and humans. FoodScience provides a broad portfolio of nutritional supplements through the VetriScience DaVinci and Pet Naturals brands, as well as private label and custom formulation offerings.
MSCP’s acquisition of FoodScience is the third investment in the Pet and Animal Health sector, following the successful 2020 exits of Compana Pet Brands (formerly known as Manna Pro) and Thrive Pet Healthcare (formerly known as Pathway Vet Alliance).
Jones Day worked as legal counsel and William Blair worked as exclusive financial advisor to MSCP.
KEY QUOTES:
“We were drawn to FoodScience’s more than 50-year history, stellar reputation and mission to help people and pets live healthier lives. Under Sharon’s leadership, they have built a leading platform dedicated to delivering safe, effective, and innovative brands while serving as the partner of choice to FoodScience’s contract manufacturing customers. We look forward to working together as we collectively seek to build on and expand the exceptional product portfolio through continued organic growth and M&A.”
- James Stewart, Managing Director and Co-Head of Consumer Investing at MSCP
“MSCP’s investment serves as a further testament to FoodScience’s legacy and mission-driven culture. We are excited to partner with the MSCP team and look forward to leveraging their network and expertise in the pet and animal health sector to accelerate our growth both organically and through strategic acquisitions.”
- Sharon Rossi
