Tyree & D'Angelo Partners Launch Continuation Fund for Western Veterinary Partners (anchored by HarbourVest)

Tyree & D'Angelo Partners Secures Minority Growth Investment in Western Veterinary Partners Led by LGT, Hamilton Lane and Apogem

March 20, 2023

Healthcare Services

Tyree & D'Angelo Partners (TDP) arranged a minority growth equity investment into its portfolio company, Western Veterinary Partners, with the round led by LGT Capital Partners, accounts managed by Hamilton Lane, and Apogem Capital. TDP will continue to hold control equity and manage the investment; the capital will support Western's continued organic growth and acquisitions to expand its network of veterinary hospitals across the United States.

Whistler Capital Partners Makes Strategic Growth Investment in Heart + Paw

January 3, 2024

Healthcare Services

Whistler Capital Partners, a Nashville-based healthcare-focused private equity firm, has made a significant strategic growth investment in Heart + Paw, a multi-service veterinary and pet care platform. The capital will support Heart + Paw’s de novo expansion, technology and operations investments, and its veterinarian joint-venture model; financial terms were not disclosed.

DW Healthcare Partners Invests in Vets Plus and Noble Pharma

January 10, 2022

Veterinary

DW Healthcare Partners completed a growth capital investment in Vets Plus, Inc. and Noble Pharma, LLC, backing the animal-health manufacturer to scale operations and expand pharmaceutical capabilities. As part of the transaction, Dave Nelson becomes President and CEO of Vets Plus while founder Raj Lall transitions from day-to-day management and remains on the board.

Partners Group Acquires Wedgewood Pharmacy from New Harbor Capital

December 9, 2020

Healthcare Services

Partners Group, a global private markets investment manager, has acquired a majority stake in Wedgewood Pharmacy from New Harbor Capital. Wedgewood is a leading U.S. compounding pharmacy for animal health that employs over 700 people across multiple states and serves tens of thousands of veterinarians and hundreds of thousands of pet owners; the deal closed April 1, 2021.

Audax Private Equity Acquires Veterinary Practice Partners from Pamlico Capital

December 6, 2021

Healthcare Services

Audax Private Equity has acquired Veterinary Practice Partners (VPP) from Pamlico Capital. The transaction transfers ownership to Audax while VPP's management team, led by CEO John McDonough, remains significant owners and will continue to run the business to support continued expansion of its co-ownership veterinary platform.

AEA Investors and ADIA Recapitalize AmeriVet Veterinary Partners

March 7, 2022

Healthcare Services

AEA Investors LP, alongside a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA), completed a $1.6 billion recapitalization of AmeriVet Veterinary Partners, acquiring the company from Imperial Capital Group. AmeriVet, headquartered in San Antonio, Texas, operates approximately 139–140 animal hospitals across more than 30 states with roughly 2,200–2,300 employees and will use the recapitalization to support continued platform growth while enabling liquidity for prior investors and DVM partners.