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Bansk Group Announces Sale of PetIQ's Veterinary Services Business to Tractor Supply Company

TSCO
  • Bansk Group's portfolio company PetIQ, Inc. completed the sale of its veterinary services business, VIP Petcare, to Tractor Supply Company (NASDAQ: TSCO).
  • The transaction was announced on May 28, 2026, in New York, with financial terms remaining undisclosed.
  • VIP Petcare was established as the nation's preeminent mobile veterinary care platform under Bansk's ownership since 2024.
  • Following the sale, PetIQ will focus on its core portfolio of branded over-the-counter pet medications & wellness products, including PetArmor®, Capstar®, Nexstar®, Minties®, VetIQ®, & Rocco & Roxie®.
  • PetIQ's products are distributed through retail & e-commerce channels across more than 60,000 points of distribution nationwide.
  • Chris Kelly, Senior Partner of Bansk Group, stated the sale aligns with the firm's strategy to build distinctive brand-led consumer businesses.
  • Camillo Pane, CEO of PetIQ, described the transaction as a new chapter that positions the company to realize its potential as a leading brand-led pet health & wellness entity.
  • William Blair & Davis Polk served as financial advisor & legal counsel to Bansk Group & PetIQ, respectively.
  • Centerview Partners & Sidley Austin served as financial advisor & legal counsel to Tractor Supply Company.
  • Bansk Group is a New York-based private investment firm with over $5 billion in assets under management focused on consumer brands.
  • Tractor Supply Company is the largest rural lifestyle retailer in the U.S., operating 2,435 stores in 49 states & 206 Petsense stores in 23 states as of March 28, 2026.