In May 2002, Jenny Craig, Inc. , was acquired by MidOcean Partners, a New York and London-based private equity investment firm, and ACI Capital, a New York-based private investment firm. On June 19, 2006, they announced the signing of a definitive agreement to sell the company to Nestlé in a transaction valued at approximately $600 million. The company was operated as part of Nestlé Nutrition. On November 19, 2013, Jenny Craig Inc. was purchased by North Castle Partners for an undisclosed amount.
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