In 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. In April 2019, H. I. G. Capital acquired the Jenny Craig weight management business from North Castle Partners.
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