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New Deal


Announced

Completed

KKR acquired PetVet Centers from Ontario Teachers Pension Plan and L Catterton.

Financials

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Transaction Value-
Consideration Type-
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Health Care Facilities

Completed

Friendly

veterinary hospital

Private

Acquisition

Private Equity

Synopsis

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KKR acquired PetVet Centers, a leading acquirer and operator of general practice and specialty veterinary hospitals for companion animals, from Ontario Teachers Pension Plan and L Catterton. Financial terms were not disclosed. "PetVet has established itself as a leading veterinary care provider with an unmatched reputation for customer satisfaction and differentiated focus on local communities," said Max Lin, Member of KKR. "We are excited to partner with PetVet and its affiliated veterinarians to accelerate the Company's track record of organic and acquisitive growth."

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