TSG Consumer Partners completed the acquisition of a majority stake in Pathway Vet Alliance from Morgan Stanley Capital Partners.

TSG Consumer Partners, a private equity firm, completed the acquisition of a majority stake in Pathway Vet Alliance, a veterinary hospital business, from Morgan Stanley Capital Partners. Financial terms were not disclosed. "TSG is a leading investor in the consumer and retail space with a proven track record of building world-class brands and businesses. As the pet care industry evolves, TSG’s consumer and branding expertise, paired with our unique value proposition and unmatched network of doctors and staff, positions us to build upon the substantial growth we’ve been able to accomplish in partnership with MSCP. We thank MSCP for their support and look forward to working with TSG to bring the highest quality veterinary care to as many pet families as possible,” Stephen Hadley, Pathway CEO.