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Announced

Completed

VetPartners completed the acquisition of four clinics.

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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Completed

veterinary clinics

Spain

Cross Border

Majority

Single Bidder

Health Care Services

Friendly

Acquisition

Private

Synopsis

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VetPartners, a provider of veterinary care services, completed the acquisition of four veterinary centers Centro Medico Veterinario Montecchio, Clinica Veterinary Colombo, Clinica Veterinary Europa and Ospedale S Lucia in Verona. Financial terms were not disclosed. “We expect to have doubled the size of the VetPartners in Italy by the end of January, which is a great achievement because completing acquisitions takes a lot of effort due to Covid-19. People are working exceptionally hard to maintain our vision of being the veterinary group of choice when many practice teams are suffering a lot of anxiety and emotional challenges," David Giraldi, VetPartners Italy Managing Director.

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