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New Deal


Announced

Completed

LetterOne-backed Destination Pet completed the acquisition of VitalPet.

Financials

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

Tags

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Single Bidder

Friendly

pet care

United States

veterinary clinics

Private

Health Care Services

Acquisition

Majority

Private Equity

Completed

Synopsis

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LetterOne-backed Destination Pet, a pet health care and services company, completed the acquisition of VitalPet, an operator of veterinary hospitals. Financial terms were not disclosed. "VitalPet aligns nicely with our commitment to provide the most comprehensive care to today's pets. This acquisition is a significant step in our growth strategy and highlights our commitment to delivering high-quality care and integrated extending services focused on the total health and wellbeing of the pet," Shane Kelly, Destination Pet CEO.

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