AmeriVet Veterinary Partners Acquires Northeast Veterinary Partners

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.

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.

CityVet Acquires Alamo Ranch Animal Hospital

May 24, 2021

Veterinary

CityVet, a Dallas-based network of veterinarian-owned practices, acquired Alamo Ranch Animal Hospital in northwest San Antonio effective May 21, 2021. The transaction expands CityVet’s footprint in the San Antonio market as part of an aggressive Texas growth strategy; financial terms were not disclosed.

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.

Altano Group Acquires Avanti Equine Veterinary Partners

April 6, 2023

Veterinary

Altano Group (Altano Gruppe GmbH) has acquired Avanti Equine Veterinary Partners, adding the U.S.-based equine hospital group to its international network. Avanti—founded in 2017 with seven U.S. locations and more than 140 employees—will be integrated into Altano's expanding equine clinic platform to strengthen the group's U.S. presence and specialist capabilities.

Veritas Veterinary Partners Acquires Veterinary Surgical Specialists

September 22, 2022

Veterinary

Veritas Veterinary Partners, a national network of specialty and emergency veterinary hospitals, has acquired Veterinary Surgical Specialists (VSS) in Tustin, California. The add-on expands Veritas's presence in Southern California and will support VSS's growth and expansion of specialty service offerings; terms were not disclosed.