Undisclosed Financial Sponsor Completes Majority Recapitalization of Heritage Vet Partners

May 12, 2025

Main Street Capital Corporation fully exited its debt investments and partially exited its equity stake in Nebraska Vet AcquireCo, LLC (d/b/a Heritage Vet Partners) after a majority recapitalization led by a new, unnamed financial sponsor. Main Street realized a $55.5 million gain and received a minority equity position in the acquirer; Heritage, headquartered in West Point, Nebraska, is a national provider of rural, mixed- and large-animal veterinary services and products.

Buyers
Undisclosed financial sponsor (majority acquirer)
Targets
Nebraska Vet AcquireCo, LLC (d/b/a Heritage Vet Partners)
Sellers
Main Street Capital Corporation
Location
Nebraska, United States
Transaction Type
Recapitalization

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