Pestell Nutrition Acquires Origination O2D
Wind Point Partners and portfolio company Pestell Nutrition announced that at the end of December, Pestell Nutrition acquired Origination O2D. The acquired company operates as a value-added distributor of animal feed ingredients and branded proprietary feed products across the Midwest and broader US.
The acquisition is highly strategic for Pestell Nutrition, supporting numerous facets of the company’s value creation and growth plan. O2D represents Pestell’s first US-based acquisition and therefore an important step for the company to pursue growth opportunities within one of the largest animal feed markets.
“O2D is a perfect fit with Pestell Nutrition,” said Jerry Vergeer, Pestell Nutrition CEO. “The acquisition helps us continue our strategic vision of building the leading provider of animal nutrition solutions and products across the US and Canada. We believe O2D is poised for continued growth and look forward to partnering with the O2D team to further expand our combined business.”
The acquisition of O2D continues Wind Point’s long history of partnering and working with entrepreneurs and family-owned businesses. The company is the third acquisition of Pestell since Wind Point’s acquisition of Pro Ag products and Premium Ad Resources.
John Fallin, O2D’s CEO, commented, “We look forward to the combination of Pestell Nutrition and O2D as this transaction unlocks numerous opportunities to grow the platform and better serve our combined customer base. We believe Pestell Nutrition is the right fit for O2D and the formation of this partnership represents a meaningful step forward for the business and our entire team as we enter the next phase of growth.”