Announced
Completed
Financials
Tags
Single Bidder
Private
Health Care Services
United Kingdom
Private Equity
Domestic
veterinary clinics
veterinary care
Majority
Friendly
Acquisition
Completed
Synopsis
CVC Capital Partners and August Equity, tho private equity firms, completed the acquisition of a minority stake in Medivet, a veterinary care services provider, from Inflexion, a private equity firm. Financial terms were not disclosed. "I am delighted that CVC has decided for its fund' to invest in Medivet to fuel and support our ambitions and growth plans for the UK and Europe, and look forward to working together to bring them to fruition. Over the last 34 years, our Central Partners, Branch Partners and all our people have worked hard to build an outstanding business, centred on delivering exceptional care and service to our patients and clients," Deirdre Burns, Medivet CEO.
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