DW Healthcare Partners (“DWHP”) a healthcare-focused private equity firm, announced the completion of its investment in Bio Agri Mix, LP (“Bio Agri Mix” or the “Company”).
Bio Agri Mix is Canada’s largest manufacturer and distributor of medicated feed additives and water-soluble medications for livestock. Since 1983, the Company has supplied feed mills and producers with quality products to improve livestock health.
“Over the years, Bio Agri Mix has developed a truly unique footprint across Canada by expanding their product portfolio and supplying the market in a consistent and methodical basis,” said Eric Moore, Principal at DWHP. “We are excited to have Bio Agri Mix continue under Paul Lake and Rob Bell’s leadership where we will continue to expand our product portfolio to provide more solutions to our customers.”
“We are thrilled to be partnering with Paul Lake, Rob Bell, and the rest of the team at Bio Agri Mix,” said Andrew Carragher, Founder and Managing Partner at DWHP. “They have a proven track record of growth and we are looking forward to supporting them as the business continues to scale. Bio Agri Mix represents DWHP’s third investment in the animal health pharmaceutical space and we are excited to expand our footprint in the sector.”
“The team at Bio Agri Mix is excited to partner with DW Healthcare Partners to continue the growth of the Company and our quest to exceed customer expectations as we supply the North American livestock industry with animal health solutions,” said Robert Bell, Chief Executive Officer at Bio Agri Mix.
“As a founder of Bio Agri Mix, it is gratifying to see DW Healthcare Partners’ passion for the company as we continue our growth in the animal health industry,” said Paul Lake, Executive Chairman at Bio Agri Mix.
Concurrent with the close, Andrew Carragher, Eric Moore, and Paul Hays will join Robert Bell and Paul Lake on the Board of Directors at Bio Agri Mix. Bio Agri Mix represents the fifth investment in DWHP’s fifth fund.