Audax Private Equity Acquires Veterinary Practice Partners from Pamlico Capital

Varsity Healthcare Partners Acquires VetEvolve from Align Capital Partners

October 16, 2023

Veterinary

Varsity Healthcare Partners completed a strategic growth investment to acquire VetEvolve, a Richmond, Virginia-based multi-location veterinary care platform. The transaction was a sale by Align Capital Partners; VetEvolve operates 32+ clinics across the Mid-Atlantic and employs over 600 team members, and VHP will partner with management to expand the platform into new geographies.

EQT to Acquire VetPartners from National Veterinary Associates

October 11, 2023

Veterinary

EQT has agreed to acquire VetPartners, the largest provider of veterinary and animal health services in Australia and New Zealand, from National Veterinary Associates. VetPartners operates a network of 267 clinics and specialty hospitals with over 4,300 clinical and support staff; EQT says it will invest in diagnostic equipment, technology, recruitment and training to support continued growth and improved clinical outcomes. The transaction is subject to customary approvals and is expected to close around the end of the calendar year.

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.

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.

Peloton Capital Management Invests in P3 Veterinary Partners

January 10, 2020

Healthcare Services

Peloton Capital Management (PCM) made a significant growth investment in P3 Veterinary Partners to support P3’s expansion across Canada and to strengthen its back-office, marketing, and operational capabilities. Terms were not disclosed; CCC Investment Banking acted as exclusive financial advisor to P3.

OMERS Private Equity Acquires Community Veterinary Partners from Cortec Group

October 1, 2019

Healthcare Services

Affiliates of OMERS Private Equity have acquired CVP Holdco, Inc., d/b/a Community Veterinary Partners, from Cortec Group Fund V. Terms were not disclosed. CVP, headquartered in Philadelphia, operates a network of 64 veterinary hospitals across multiple U.S. states and will continue growth under OMERS ownership.