Announced
Completed
Synopsis
Cortec Group, a private equity firm focused on acquiring mid-sized businesses operating in basic industries, completed its acquisition of a minority stake in Lap of Love, a network of veterinarians whose goal is to empower every owner to care for their geriatric pets. Financial terms were not disclosed. "Our success working with entrepreneur- and family-owned businesses in health care and veterinary services provided Cortec with a unique appreciation for Lap of Love’s compelling value proposition to companion animals, their families and other veterinarians," Jeff Lipsitz, Cortec Co-President.
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