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Announced

Completed

EQT-backed IVC Evidensia completed the merger with VetStrategy.

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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Acquisition

Private

Friendly

Merger

Health Care Facilities

veterinary clinics

Canada

Cross Border

Single Bidder

Majority

Completed

Private Equity

Synopsis

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EQT-backed IVC Evidensia, a veterinary care provider, completed the merger with VetStrategy, a Canadian veterinary care provider. Financial terms were not disclosed. "IVC Evidensia will support VetStrategy as it continues to invest in patient care, client service and staff growth and well-being. Our businesses are a great fit, not just in terms of expanding our geographic footprint, but also in terms of our shared vision and values. Both companies are totally committed to caring for animals, people and the environment. VetStrategy shares our view on sustainability and the need to make a more positive impact on the world. Together we will continue leading the way in bringing new standards of animal clinical excellence and staff well-being to the markets we serve. This includes investing in digitalization to benefit consumers, their pets, and veterinarians alike," Stephen Clarke, Evidensia CEO.

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