Announced
Completed
Financials
Tags
United States
Private
Friendly
Majority
clinics
Health Care Facilities
Acquisition
Cross Border
Single Bidder
Completed
Synopsis
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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