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Announced

Freeman Spogli to invest in EverVet Partners.

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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Acquisition

Friendly

Private

United States

Health Care Services

Single Bidder

Minority

Pending

veterinary service

Domestic

Private Equity

Synopsis

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Freeman Spogli, a private investment firm, agreed to invest in EverVet Partners, an operator of a holding company specializing in the veterinary industry. Existing investor Tailwind Capital will continue to support the company and will be an equal partner with Freeman Spogli following the transaction. Financial terms were not disclosed. "We are excited to partner with Freeman Spogli as EverVet continues building a veterinarian and customer-focused organization. We chose Freeman Spogli as our new partner given our cultural alignment, their extensive experience successfully building consumer services and consumer healthcare brands, and experience scaling businesses organically and through M&A," Joe Luceri, EverVet Co-Founder and CEO.

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