NovaQuest Capital Management Acquires TechAccel's Stake in Covenant Animal Health Partners

Neogen Acquires CAPInnoVet, Inc.

September 20, 2021

Pharmaceuticals

Neogen Corporation has acquired Atlanta-based CAPInnoVet, Inc., a companion animal health company that provides pet medications to the veterinary market. The acquisition gives Neogen entry into the retail parasiticide market and will integrate CAPInnoVet into Neogen's Animal Safety business segment; terms were not disclosed.

L Catterton Makes Growth Investment in Alliance Animal Health

January 20, 2022

Healthcare Services

Alliance Animal Health, a U.S. multi-site owner and operator of veterinary hospitals, received a significant growth investment from the Flagship Fund of L Catterton. LightBay Capital will retain a significant minority stake; terms were not disclosed. The capital is intended to support continued investments in hospitals, training, recruitment and geographic expansion.

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 Pharmaceutical Solutions Acquires Diamond Animal Health

January 18, 2024

Veterinary

Veterinary Pharmaceutical Solutions (VPS), a Granite Creek Capital Partners portfolio company, acquired Diamond Animal Health from Mars Corporation. Granite Creek supported the deal with a follow-on investment from its FlexCap II fund, creating an integrated animal health platform combining VPS's compounding capabilities with Diamond's contract manufacturing and vaccine production.

Merck Animal Health Acquires Vence

September 22, 2022

Agriculture

Merck Animal Health agreed to acquire Vence, a developer of virtual fencing and livestock management technology, from Vence's founders and shareholders. The acquisition (terms undisclosed) expands Merck Animal Health's animal intelligence and precision livestock management capabilities and was expected to close in the third quarter of 2022.

Nordic Capital Acquires Atlantic Street Capital's Stake in United Veterinary Care

April 23, 2021

Healthcare Services

Nordic Capital has agreed to invest in United Veterinary Care (UVC), acquiring the shareholdings controlled by Atlantic Street Capital and joining UVC's veterinary owner-practitioners as a major shareholder. UVC is a Palm Beach Gardens, Florida–based multi-location veterinary group operating more than 60 hospitals across 13 U.S. states with over 1,200 employees; the transaction supports the company's continued organic and acquisitive growth.