Wind Point-backed Pestell buys Pro-Ag and Verus [Reuters]
VERUS INTL INC (VRUS)
Company Research
Source: Reuters
Wind Point-backed Pestell buys Pro-Ag and Verus - PE Hub Wind Point-backed Pestell buys Pro-Ag and Verus Pestell Group Wind Point Partners Ag Products Verus Animal Nutrition. Antares Capital, BMO Sponsor Finance PennantPark McMillan LLP Kirkland & Ellis LLP PRESS RELEASE Chicago, IL, – Wind Point Partners (“Wind Point”) and portfolio company Pestell Group (“Pestell” or the “Company”) are pleased to announce today that Pestell has acquired Pro-Ag Products (“Pro-Ag”) and Verus Animal Nutrition (“Verus”) through its Pestell Minerals & Ingredients (“PMI”) business unit. The acquisition of Pro-Ag and Verus is strategic to Pestell’s PMI business unit, which also distributes feed ingredients, as the combination provides the opportunity for both companies to leverage their product portfolios and cross-sell to their respective customer bases. Pro-Ag and Verus have a strong feed additives portfolio which complements PMI’s existing minerals and feed ingredients product offering. In addition,
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