JAB Acquires Compassion-First Pet Hospitals from Quad‑C

Compass Acquires @properties from Quad-C Management

January 14, 2025

Real Estate

Compass, Inc. has purchased Chicago-based real estate services firm @properties from Quad-C Management. The acquisition brings @properties' brokerage network, title and mortgage businesses, Christie's International Real Estate affiliation and proprietary technology platform into Compass's national residential brokerage platform.

Veterinary Practice Partners Partners with Caring Hands Animal Hospital

April 6, 2023

Veterinary

Veterinary Practice Partners (VPP) has entered a partnership with Caring Hands Animal Hospital, bringing the eight-hospital Caring Hands network into VPP’s community and elevating 21 associate doctors to equity partners (17 of whom are women). The agreement preserves veterinarian ownership and clinical autonomy while VPP provides operational support to help the Caring Hands practices grow and focus on patient care.

Impact Advisors Acquires First Quadrant Advisory

January 9, 2024

Healthcare Services

Impact Advisors has acquired First Quadrant Advisory, a strategy and operations consulting firm specializing in the healthcare payer market. The acquisition expands Impact Advisors' payer capabilities and integrates First Quadrant's team and services into Impact Advisors' broader healthcare consulting platform; First Quadrant had been a portfolio company of Chicago Pacific Founders.

VetCor Acquires People, Pets & Vets

September 7, 2022

Veterinary

VetCor, a PE-backed operator of veterinary practices (portfolio company of funds managed by Harvest Partners and Cressey & Company), has acquired People, Pets & Vets (PPV), a veterinarian-led network of more than 150 animal hospitals across the western and southern United States. The deal expands VetCor's national footprint and combines two multi-location veterinary operators to broaden clinical resources, support services and career opportunities for veterinary teams.

JAB's Pet Insurance Business Acquires Crum & Forster Pet and Pethealth from Fairfax

June 20, 2022

Insurance

JAB Holding Company’s pet insurance platform (through Independence Pet Group) agreed to acquire Fairfax Financial’s interests in Crum & Forster Pet Insurance Group and Pethealth Inc., including their worldwide operations. Fairfax will receive $1.4 billion ( $1.15 billion cash and $250 million in seller notes) and will invest $200 million in JAB’s JCP V fund; the deal was expected to close in H2 2022 and expands JAB’s global pet insurance scale and capabilities.

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.