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
- Industry
- Healthcare Services
- Location
- Nebraska, United States
- Transaction Type
- Recapitalization
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