NEWS FEED & ADDITIVE MAGAZINE June 2024 21 Granite Creek unveiled that it grew its footprint in the animal health market through its recent funding of Veterinary Pharmaceutical Solutions’ (VPS) acquisition of Diamond Animal Health. Granite Creek supported VPS’ acquisition of Diamond through a follow-on investment from its FlexCap II fund, executing on the firm’s continued pursuit of animal health investment opportunities. Granite Creek purchased VPS, a licensed animal compounding pharmacy focused on supporting the veterinary community in 2020, and has actively supported the company in driving growth through strategic investments in human capital, new product development, and facility expansion. According to the firm, the Diamond acquisition represents the first of many planned platform additions as the company looks to expand its capabilities and market reach. Granite Creek worked closely with VPS leadership through the acquisition of Diamond, a contract manufacturer and researcher of animal vaccines and pharmaceuticals that are utilized by veterinarians of production and companion animals. The combined business provides a full suite of solutions to meet veterinarians’ needs while remaining a valuable partner to other pharmaceutical and biological companies working with Diamond to manufacture their products. Granite Creek added that VPS and Diamond’s combined pharmacy, chemistry, quality, and regulatory capabilities uniquely position the company for rapid innovation. Read more>> Granite Creek expands its animal health portfolio Access the Clean Feed Guide for layer producers Producing more eggs more efficiently.
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