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New Deal


Announced

Completed

CVC Capital Partners and August Equity completed the acquisition of a minority stake in Medivet from Inflexion.

Financials

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

Tags

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Single Bidder

Private

Health Care Services

United Kingdom

Private Equity

Domestic

veterinary clinics

veterinary care

Majority

Friendly

Acquisition

Completed

Synopsis

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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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