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New Deal


Announced

Completed

Vimian Group completed the acquisition of Vertical Vet.

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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United States

Private

Friendly

Majority

clinics

Health Care Facilities

Acquisition

Cross Border

Single Bidder

Completed

Synopsis

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Vimian Group, a Sweden-based veterinary company, completed the acquisition of Vertical Vet, a provider of procurement and support services to more than 1.1k member clinics in the United States. Financial terms were not disclosed. “Through the acquisition of VerticalVet, VetFamily establishes presence in the US and gains more than 1.1k new members, significantly strengthening our position in the global veterinary market. VerticalVet has a strong service offering and proven ability to accelerate member clinics' operational performance, resulting in an impressive financial track record. We are excited to welcome VerticalVet to the Vimian family and see significant opportunities for continued growth in the US, where we also can leverage the vast network of clinics who collaborate with Vimian Group on a daily basis," Alireza Tajbakhsh, Vimian CEO.

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