Silver Lake and Nestlé led a $4.2bn investment in IVC Evidensia.

Silver Lake, a private equity firm, and Nestlé Purina, a manufacturer of pet food, treats, and litter for cats and dogs, led a $4.2bn investment in IVC Evidensia, a veterinary services provider. EQT will remain its largest shareholder. “This is a great expression of confidence in the company and our staff should be proud of what we have collectively achieved. We need to continue to do what we do best: caring for animals, people and the environment, and leading the way in bringing new standards of animal care and staff wellbeing to the sector globally. This additional investment will support us in continuing to deliver exceptional care to our 4 million pets and their owners across the 12 countries we already operate in," Stephen Clarke, IVC Evidensia CEO.