Announced
Completed
Financials
Tags
management software
Single Bidder
Private
Domestic
Minority
Acquisition
Private Equity
Software
United States
Completed
Friendly
Synopsis
Mainsail Partners, a growth equity firm, completed the acquisition of a minority stake in Instinct Science, a veterinary practice management software. Financial terms were not disclosed. “The veterinary industry that we care deeply about faces some unique challenges. Instinct’s mission is to be part of the solution by building software that is actually loved by veterinary teams and those that operate veterinary centers. As we reflect on this exciting milestone, we’re constantly reminded of how impactful Instinct has become to our hospitals and we take this awesome responsibility seriously. We believe that we are just getting started and with this investment and the experience Mainsail brings as a partner, we’re looking forward to expanding our products and services for the long term. We see this as not just an investment in Instinct but also a vote of confidence in the broader veterinary world, animal care, and future veterinary teams," Caleb Frankel, Instinct Founder and CEO.
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