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New Deal


Announced

Completed

Pets at Home Group completed the acquisition of The Vet Connection for £15m.

Financials

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Transaction Value£15m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

United Kingdom

Majority

Acquisition

Medical Services

Single Bidder

Domestic

veterinary care

Friendly

Completed

Synopsis

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Pets at Home Group, a pet care business, ompleted the acquisition of the UK's largest independent veterinary telehealth provider, The Vet Connection for £15m. "The acquisition of TVC marks an important next step in the development of our digital capabilities providing trusted advice and even more convenient pet care services. We have followed their business for a number of years and know Jamie Moodie, Nick Irvine, Rob Mitchell and the TVC team well, and look forward to working with their current partners and supporting the continued development of their service," Peter Pritchard, Pets at Home Group CEO.

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