Covetrus to Acquire VCP, Veterinary Wellness Plan Platform
June 30, 2021
Covetrus (NASDAQ: CVET) entered into a definitive agreement to acquire VCP, a veterinary wellness plan administration platform serving around 1,000 veterinary practices. The deal is expected to close in the third quarter, subject to customary closing conditions, and will be integrated with Covetrus’ practice management and prescription management software.
- Buyers
- Covetrus
- Targets
- VCP
- Industry
- Healthcare Services
- Location
- Maine, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
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.
-
CD&R and TPG Capital to Acquire Covetrus in ~$4B Deal
May 25, 2022
Healthcare Services
Covetrus entered into a definitive agreement to be acquired by funds affiliated with Clayton, Dubilier & Rice (CD&R) and TPG Capital for $21.00 per share in cash, implying an enterprise value of approximately $4 billion. The transaction is expected to close in the second half of 2022, subject to regulatory approvals and Covetrus shareholder approval, after which Covetrus will become a private company.
-
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.
-
CVS Group Acquires The Vet from Bridges
August 20, 2021
Veterinary
CVS Group has acquired The Vet, a UK-based affordable veterinary services provider, from Bridges Fund Management. The Vet operates eight large clinics across the UK and offers app-based telehealth and other accessible pet health services; the sale represents Bridges' exit after creating and scaling the business since 2013.
-
Pathway Vet Alliance Acquires Vetspire
April 13, 2021
Cloud & SaaS
Pathway Vet Alliance, a veterinary management group headquartered in Austin, Texas, has acquired Vetspire, an AI-driven veterinary medical records and practice management platform based in Austin. Vetspire will continue to operate independently with founder Sam Ginn remaining CEO while Pathway invests in the platform to expand capabilities and support its network of hospitals.
-
One Vet Acquires Veterinarians.org
September 28, 2021
Veterinary
Pet care platform One Vet has acquired Veterinarians.org, an informational website that provides up-to-date veterinary health information for pet parents. The acquisition will integrate Veterinarians.org's content into One Vet’s platform to help make veterinary care more accessible, faster, and more affordable for pet owners.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.