Recent Veterinary Acquisitions
Acquisition Volume in Veterinary by Year
Last 5 years
Veterinary sector activity shows diverse dealmaking across services, therapeutics, diagnostics and software. Recent transactions range from practice joint ventures and vet-owner acquisitions to strategic buys of software, biologics R&D and pet-care service platforms.
Buyers include strategic corporates and pharma (for example Zoetis Inc., Kemin Industries, Dechra Pharmaceuticals PLC), private equity and growth investors, specialist consolidators, pet‑tech players like Tractive, and veterinarian coalitions and management-led buyouts such as the Curo–MASH partnership. Geography is U.S.-focused with notable transactions in Ireland, Spain and Brazil.
What Stands Out
- Recurring buyer types: strategic animal-health companies and pharmaceutical firms, private equity and growth investors, franchisors/management groups, and vet-owner coalitions (examples: Incline Equity Partners, Patterson Companies, Inc., PAI Partners, L Catterton Latin America).
- Capability themes: integration of software and AI into clinical workflows (Instinct Science + ScribbleVet), expansion of vaccine and biologics R&D and manufacturing (Kemin Industries / Hennessy Research Associates), and consolidation of CDMO/pet‑health product manufacturing (CompletePet).
- Service and care consolidation: add‑ons and joint ventures to scale specialty, emergency and pet‑care services (e.g., Curo Pet Care with the MASH veterinarian group; VetEvolve’s JV with Gentle Care Animal Hospital, marking its 51st practice).
- Geographic spread: concentrated activity in the United States with notable cross‑border deals and investments in Ireland, Spain and Brazil (e.g., PBI-Gordon / TriviumVet, PAI Partners / Nuzoa, L Catterton Latin America / WeVets).
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February 10, 2026
- Buyer
- VetEvolve
- Target
- Gentle Care Animal Hospital
- Seller
- Dr. Barbara Stevens
- Industry
- Veterinary
- Location
- Virginia, United States
- Type
- Addon
VetEvolve announced a joint venture partnership with Gentle Care Animal Hospital in Forest, Virginia, marking the company's 51st practice and its first JV arrangement. Gentle Care will continue operating under its existing name with founder Dr. Barbara Stevens remaining involved, expanding VetEvolve's Mid-Atlantic density and regional collaboration.
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January 23, 2026
- Buyer
- Instinct Science
- Target
- ScribbleVet
- Industry
- Veterinary
- Location
- California, United States
- Type
- Buyout
Instinct Science, a veterinary software and clinical tools company, has acquired ScribbleVet, an AI scribing platform for veterinarians. The deal brings ScribbleVet's AI documentation capabilities into Instinct's EMR and clinical workflow to create an intelligence-native veterinary practice management platform; ScribbleVet's team will join Instinct and its founder Rohan Relan will take a product leadership role.
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August 27, 2025
- Buyer
- Kemin Industries
- Target
- Hennessy Research Associates, LLC
- Industry
- Veterinary
- Location
- Kansas, United States
- Type
- Buyout
Kemin Industries has acquired Hennessy Research Associates, a Lenexa, Kansas-based contract research and vaccine manufacturing organization for animal health. The acquisition adds vaccine R&D, biological manufacturing and CRO/CDMO/CMO capabilities and more than 50 tenured scientists to Kemin's Kemin Biologics portfolio to expand its animal vaccine offerings.
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July 28, 2025
- Buyer
- Tractive
- Target
- Whistle
- Seller
- Mars Petcare
- Industry
- Veterinary
- Location
- Washington, United States
- Type
- Buyout
Tractive, the Austria‑based leader in GPS tracking and pet health insights, has acquired Whistle, the connected pet wearable brand owned by Mars Petcare. The acquisition expands Tractive’s U.S. footprint, scales its customer base, and brings Whistle’s wellness and tracking technology into Tractive’s global platform.
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July 9, 2025
- Buyer
- K9 Resorts Luxury Pet Hotel, Luxury Pet Hotel Investments, LLC (LPHI)
- Target
- Corporate-owned K9 Resorts locations (Cherry Hill, NJ; Fairfield, NJ; Hamilton, NJ; Malvern, PA)
- Industry
- Veterinary
- Location
- United States
- Type
- Growth capital
K9 Resorts Luxury Pet Hotel and its largest franchisee group, Luxury Pet Hotel Investments, LLC (LPHI), have formed a 50-50 joint venture covering K9 Resorts' corporate-owned locations outside the Fanwood, New Jersey flagship. LPHI will assume day-to-day management of four resorts (Cherry Hill, NJ; Fairfield, NJ; Hamilton, NJ; Malvern, PA) as part of a partnership designed to accelerate franchise growth and allow K9 Resorts' corporate team to focus on franchise support and expansion.
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May 28, 2025
- Buyer
- Curo Pet Care, Group of MASH veterinarians (including Dr. Domenico Bianco, Dr. Jodi Kuntz, Dr. Eva Ganz, Dr. Jeremy O'Neill, Dr. Paul Hobson, Dr. Tara Stonex)
- Target
- Metropolitan Animal Specialty Hospital (MASH)
- Seller
- Ethos Veterinary Health
- Industry
- Veterinary
- Location
- California, United States
- Type
- Divestiture
A coalition of Metropolitan Animal Specialty Hospital (MASH) veterinarians together with Curo Pet Care have acquired the assets of MASH from Ethos Veterinary Health. The veterinarian-owners will lead operations while Curo, a San Francisco–based family-owned veterinary group, provides management support to ensure continued 24/7 emergency and specialty services at the Los Angeles facility.
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May 5, 2025
- Buyer
- PBI-Gordon Companies, Inc.
- Target
- TriviumVet
- Industry
- Veterinary
- Location
- Ireland
- Type
- Buyout
PBI-Gordon Companies, Inc. has acquired TriviumVet, an Ireland-based animal therapeutics R&D company, adding the FDA-conditionally approved Felycin-CA1 and a broader pipeline to its PRN Pharmacal/ Pegasus Laboratories portfolio. TriviumVet will remain based in Waterford, Ireland with its management retained and integrated as a subsidiary while PRN Pharmacal readies commercial launch and expands its commercial team.
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March 24, 2025
- Buyer
- PAI Partners, PAI Mid-Market Fund (PAI MMF)
- Target
- Nuzoa
- Seller
- Abac Capital
- Industry
- Veterinary
- Location
- Community of Madrid, Spain
- Type
- Buyout
PAI Partners, via its PAI Mid-Market Fund, has agreed to acquire Nuzoa, the leading integrated animal health products and services distributor in Iberia, from Abac Capital. PAI plans to accelerate Nuzoa's growth through further consolidation in the fragmented Iberian market, expansion into other European markets and by developing additional vet-focused services such as digital solutions and laboratory diagnostics.
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- Buyer
- Custom Veterinary Services (CompletePet), Align Capital Partners
- Target
- Green Mountain Animal, LLC
- Industry
- Veterinary
- Location
- Vermont, United States
- Type
- Addon
Custom Veterinary Services (a portfolio company of Align Capital Partners) has acquired Green Mountain Animal, LLC, combining capabilities in soft chew, powder and liquid pet health products. The combined business will be rebranded as CompletePet to create a larger CDMO/pet health products platform with expanded R&D, manufacturing and supply-chain capacity.
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January 1, 2025
- Buyer
- Best Friends Pet Care, Mosaic Capital Partners
- Target
- Paws Pet Resort
- Seller
- Family owners of Paws Pet Resort
- Industry
- Veterinary
- Location
- South Dakota, United States
- Type
- Addon
Best Friends Pet Care, a portfolio company of Mosaic Capital Partners, has acquired Paws Pet Resort, a regional pet resort and services company based in Sioux Falls, South Dakota. Peakstone served as exclusive M&A advisor to Paws Pet Resort; terms were not disclosed. The deal is an add-on to Best Friends Pet Care's platform to expand its pet care footprint and service offering.
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November 18, 2024
- Buyer
- L Catterton Latin America
- Target
- WeVets
- Industry
- Veterinary
- Location
- São Paulo, Brazil
- Type
- Growth capital
L Catterton Latin America has made a strategic growth investment in WeVets, an independent veterinary hospital group in Brazil. The capital will support WeVets' continued expansion of hospitals and diagnostic labs across Brazil through both acquisitions and organic growth.
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November 1, 2024
- Buyer
- Phibro Animal Health Corp.
- Target
- Zoetis' medicated feed additive product portfolio and certain water-soluble products
- Seller
- Zoetis Inc.
- Industry
- Veterinary
- Location
- New Jersey, United States
- Type
- Divestiture
Phibro Animal Health Corp. has completed the acquisition of Zoetis Inc.'s medicated feed additive product portfolio and certain water‑soluble products. The deal transfers more than 37 product lines, six manufacturing sites (U.S., Italy, China) and a team of over 300 employees to Phibro, expanding its species coverage and product capabilities across cattle, swine and poultry.
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September 26, 2024
- Buyer
- IMV Technologies
- Target
- UD-Vet B.V.
- Industry
- Veterinary
- Location
- Utrecht, Netherlands
- Type
- Buyout
French animal health equipment maker IMV Technologies has acquired UD-Vet B.V., a Benelux-based provider of veterinary practice equipment and imaging solutions. The deal brings UD-Vet's team and product/service offering into IMV's Companion Animal business to consolidate and expand IMV's presence in the Benelux region.
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July 11, 2024
- Buyer
- Carmelina Capital Partners
- Target
- KVP International, LLC
- Industry
- Veterinary
- Location
- Texas, United States
- Type
- Growth capital
Los Angeles-based private investment firm Carmelina Capital Partners has completed a growth investment in KVP International, a McKinney, Texas–headquartered manufacturer and supplier of veterinary and small-animal wellness products. KVP's CEO Ken Bowman will remain in place as the company pursues product innovation, capacity expansion and add-on acquisitions supported by Carmelina's capital and partnership.
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- Buyer
- Charme Capital Partners SGR (Charme IV fund)
- Target
- Animalia
- Industry
- Veterinary
- Location
- Lombardy, Italy
- Type
- Buyout
Charme Capital Partners (via its Charme IV fund) has agreed to take a 56% stake in Animalia through a capital increase, partnering with founders Antonino Santalucia and Giorgio Romani who will remain co-CEOs and minority shareholders. The investment will fund Animalia's consolidation and organic growth plan—including targeted add‑ons and expansion of clinic services—across its network of more than 75 clinics in Italy.
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- Buyer
- Revival Animal Health, Incline Equity Partners
- Target
- Equine Medical and Surgical Associates
- Industry
- Veterinary
- Location
- Pennsylvania, United States
- Type
- Addon
Revival Animal Health, a portfolio company of Incline Equity Partners, has acquired Equine Medical and Surgical Associates to expand its equine product offerings. Revival — based in Orange City and backed by Incline — was advised by Blue River Financial Group on the add-on acquisition; Equine Medical & Surgical develops and distributes all-natural equine supplements.
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June 25, 2024
- Buyer
- WagWay Group, Access Holdings Management Company LLC
- Target
- Pawville
- Industry
- Veterinary
- Location
- North Carolina, United States
- Type
- Addon
WagWay Group, a platform company of Access Holdings, announced a partnership to bring Pawville — a Southeast U.S. provider of boarding, daycare, grooming, training and veterinary centers — into the WagWay network. The deal expands WagWay's footprint into suburban Southeastern and Mid-Atlantic markets and adds veterinary medical center capabilities to the platform.
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June 25, 2024
- Buyer
- Leonard Green & Partners, L.P., Oak Hill Advisors
- Target
- MedVet LLC
- Seller
- Minority shareholders from the 2019 investment, Employee owners (partial liquidity)
- Industry
- Veterinary
- Location
- Ohio, United States
- Type
- Growth capital
MedVet LLC received a minority capital investment from Leonard Green & Partners, L.P., alongside a senior term loan provided by Oak Hill Advisors to support the company's continued growth in specialty and emergency veterinary care. The financing will accelerate expansion of MedVet's services while providing liquidity for minority shareholders from the 2019 investment and partial liquidity for some employee owners; Huntington Bank will continue to provide treasury and cash management services.
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June 13, 2024
- Buyer
- Destination Pet
- Target
- PawPrints of Vero Beach
- Seller
- PawPrints management/owners
- Industry
- Veterinary
- Location
- Florida, United States
- Type
- Buyout
Destination Pet, a Highlands Ranch, Colorado-based national pet care network, has acquired PawPrints of Vero Beach, a high-end dog resort in Vero Beach, Florida. CDI Global advised PawPrints' management on the divestiture; the acquisition expands Destination Pet’s boarding/daycare and premium pet services footprint within its 150+ location network.
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- Buyer
- Mixlab
- Target
- NexGen Animal Health
- Industry
- Veterinary
- Location
- Texas, United States
- Type
- Buyout
Mixlab has acquired NexGen Animal Health, a Weatherford, Texas-based veterinary compounding specialist, to expand its sterile and non-sterile formulation capabilities into equine, exotic, wildlife and zoo markets. The acquisition — completed with continued financial backing from Vanterra Ventures and other investors — adds a fourth pharmacy location in Texas and enables Mixlab to leverage its proprietary eMix platform to increase production efficiency and broaden its large-animal offering.
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- Buyer
- Swifto
- Target
- Wagz 'n Whiskerz Pet Sitting
- Seller
- Pat Blaney
- Industry
- Veterinary
- Location
- North Carolina, United States
- Type
- Buyout
Swifto, a technology-driven pet care operator, has acquired Wagz 'n Whiskerz, a dog walking and pet-sitting business in the Lake Norman / Huntersville area of North Carolina. The deal gives Swifto its third-state footprint (joining New York City and Miami), preserves local staff, and will integrate Swifto's GPS tracking and real-time updates to scale services locally.
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February 9, 2024
- Buyer
- Better Choice Company, Inc.
- Target
- Aimia Pet Healthco Inc.
- Industry
- Veterinary
- Location
- United States
- Type
- Buyout
Better Choice Company (NYSE: BTTR) has acquired all issued and outstanding common shares of Aimia Pet Healthco Inc. The acquisition gives Better Choice in-house control of Aimia's GLP-1 related R&D and enables the company to manage clinical trials and develop weight-loss supplements/treatments for pets under its Halo brand.
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- Buyer
- Pet Resort Hospitality Group, Trivest Partners, Queens Court Capital
- Target
- Meadowlake Pet Resort and Training Center, Olde Towne Pet Resorts, Playtime Pet Resort, Paws 'n' Rec, Williamsburg Pet Hotel and Suites
- Seller
- Carroll Ray, Taylor Wallace
- Industry
- Veterinary
- Location
- United States
- Type
- Addon
Pet Resort Hospitality Group (a platform formed by Queens Court Capital and Trivest Partners) has acquired five pet resort brands — Meadowlake Pet Resort and Training Center, Olde Towne Pet Resorts, Playtime Pet Resort, Paws ‘n’ Rec, and Williamsburg Pet Hotel & Suites — expanding the platform to 17 locations. The transactions bring experienced founder- and family-owned operators into the PRHG portfolio as part of a buy-and-build strategy to scale daycare, boarding, grooming, and training services across the U.S.
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January 18, 2024
- Buyer
- Veterinary Pharmaceutical Solutions, Granite Creek Capital Partners, L.L.C.
- Target
- Diamond Animal Health
- Seller
- Mars Corporation
- Industry
- Veterinary
- Location
- Iowa, United States
- Type
- Addon
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.
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December 22, 2023
- Buyer
- Nextmune
- Target
- VetBiotek
- Industry
- Veterinary
- Location
- United States
- Type
- Buyout
Nextmune, a global specialty animal-health company, acquired VetBiotek, a developer of veterinary dermatology topical formulations including MicroSilver BG and Ceramide III products. The acquisition expands Nextmune’s dermatology portfolio and aims to improve production, packaging, distribution and access of VetBiotek’s products to veterinary clinics and distributors.
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December 19, 2023
- Buyer
- Turning Rock Partners
- Target
- Best Friends Pet Care
- Seller
- Existing shareholders
- Industry
- Veterinary
- Location
- Connecticut, United States
- Type
- Growth capital
Turning Rock Partners, a New York-based private investment firm, provided a growth investment in Best Friends Pet Care, an employee-owned premium pet services operator headquartered in Norwalk, Connecticut. The capital will support Best Friends' national footprint expansion and an aggressive acquisitive growth strategy; existing shareholders also participated in the financing.
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December 5, 2023
- Buyer
- Revival Animal Health, Incline Equity Partners
- Target
- Creative Science
- Industry
- Veterinary
- Location
- Missouri, United States
- Type
- Addon
Revival Animal Health, a portfolio company of Incline Equity Partners, has acquired Creative Science, a St. Louis–based supplier of pet and veterinary health products. The deal expands Revival’s product and service offerings to veterinary professionals, breeders and shelters and represents an add-on acquisition to Revival’s platform.
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November 30, 2023
- Buyer
- Animal Dermatology Group, Inc.
- Target
- Animal Dermatology & Allergy (Rocklin, CA), SkinVet Clinic (Lake Oswego, OR)
- Industry
- Veterinary
- Location
- United States
- Type
- Addon
Animal Dermatology Group, the largest veterinary dermatology platform in the U.S., acquired two specialty veterinary dermatology practices: Animal Dermatology & Allergy of Rocklin, California and SkinVet Clinic of Lake Oswego, Oregon. The transactions expand ADG's footprint in Northern California and the Pacific Northwest as part of its continued platform growth.
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November 28, 2023
- Buyer
- Paw Prosper
- Target
- K9 Carts
- Industry
- Veterinary
- Location
- Florida, United States
- Type
- Buyout
Paw Prosper, a pet health and wellness platform based in Aurora, Colorado, has acquired K9 Carts, the original pet wheelchair company founded in 1961. The acquisition adds K9 Carts' US-made, orthopedic-designed dog wheelchairs to Paw Prosper's portfolio of preventative, supportive and rehabilitative pet brands and aims to expand Paw Prosper's mobility and rehabilitative offerings for low-mobility pets.
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November 10, 2023
- Buyer
- Medivet
- Target
- Animal Health Centre
- Seller
- Marni Miller
- Industry
- Veterinary
- Location
- Devon, United Kingdom
- Type
- Addon
Medivet has acquired a majority stake in Torquay-based Animal Health Centre through its Branch Partnership model, with practice owner Marni Miller retaining equity and becoming a Branch Partner. The clinic's team of 4 vets and 6 nurses join Medivet as part of the company's push to grow its UK footprint by 50% toward a network of over 600 practices.
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October 24, 2023
- Buyer
- WellHaven PetHealth, Martis Capital
- Target
- Blue Cross Veterinary Clinic
- Industry
- Veterinary
- Location
- Arizona, United States
- Type
- Addon
WellHaven PetHealth, a Martis Capital‑backed veterinary platform, acquired Blue Cross Veterinary Clinic in Arizona in October 2023 as an add‑on to its multi‑regional platform. The acquisition expands WellHaven’s footprint into Arizona and brings the platform to more than 40 hospitals across six active markets.
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- Buyer
- Varsity Healthcare Partners
- Target
- VetEvolve
- Seller
- Align Capital Partners
- Industry
- Veterinary
- Location
- Virginia, United States
- Type
- Buyout
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.
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October 11, 2023
- Buyer
- EQT
- Target
- VetPartners
- Seller
- National Veterinary Associates, Inc.
- Industry
- Veterinary
- Location
- New South Wales, Australia
- Type
- Buyout
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.
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September 12, 2023
- Buyer
- L Catterton
- Target
- Withmal
- Industry
- Veterinary
- Location
- Tokyo, Japan
- Type
- Growth capital
L Catterton, a global consumer-focused private equity firm, has made a strategic growth investment in Withmal, a Tokyo-based veterinary services group. The investment will support Withmal's expansion across Japan and help accelerate clinic rollouts while addressing succession challenges among small clinic owners.
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September 10, 2023
- Buyer
- Revival Animal Health
- Target
- Breeder's Choice
- Seller
- Mandy Paul
- Industry
- Veterinary
- Location
- Michigan, United States
- Type
- Buyout
Revival Animal Health has purchased Breeder's Choice, a Rochester Hills, Michigan-based distributor of equine reproductive supplies. The acquisition expands Revival’s reproductive and neonatal health offerings into the equine market and brings Breeder's Choice’s expertise in semen collection, processing, and shipping into Revival’s portfolio.
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June 21, 2023
- Buyer
- Destination Pet
- Target
- Pet Palace Pet Boarding Resort
- Seller
- Brian Hudock (Founder)
- Industry
- Veterinary
- Location
- Ohio, United States
- Type
- Addon
Destination Pet has acquired Pet Palace Pet Boarding Resort, a luxury pet care operator with 11 locations across Ohio, Indiana, North Carolina and Pennsylvania and more than 500 employees. The acquisition expands Destination Pet’s national pet resort and clinic network, adds a luxury resort brand, and enables wider rollout of Destination Pet’s connected care model and Yourgi app; Pet Palace founder Brian Hudock will remain as a strategic advisor.
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- Buyer
- Perwyn
- Target
- Kin Vet Community
- Industry
- Veterinary
- Location
- United Kingdom
- Type
- Buyout
Perwyn has completed the acquisition of a collection of UK veterinary clinics and rebranded the group as Kin Vet Community, appointing Ciara McCormack MVB as CEO. The private equity firm says the investment establishes a veterinary platform to accelerate growth in the resilient UK pet-care market.
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May 22, 2023
- Buyer
- Argenta
- Target
- Midwest Veterinary Services, Inc.
- Industry
- Veterinary
- Location
- Nebraska, United States
- Type
- Buyout
Argenta has agreed to acquire the CRO services business of Midwest Veterinary Services, Inc., a veterinary clinical research specialist founded in Oakland, Nebraska. The acquisition expands Argenta’s molecule-to-market capabilities in animal health and nutrition by adding clinical research and related services, while MVS will operate as a standalone business unit under Argenta with its existing leadership retained.
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- Buyer
- TSG Consumer Partners
- Target
- Pathway Vet Alliance LLC
- Seller
- Investment funds managed by Morgan Stanley Capital Partners (MSCP)
- Industry
- Veterinary
- Location
- Texas, United States
- Type
- Buyout
TSG Consumer Partners has acquired a majority stake in Pathway Vet Alliance from investment funds managed by Morgan Stanley Capital Partners (MSCP); Pathway management will continue to lead the company and retain a significant minority interest. Pathway is a multi-site operator of more than 270 general practice, specialty and emergency veterinary hospitals and 86 THRIVE clinics in the United States, and also operates Veterinary Growth Partners, an MSO serving ~5,500 member hospitals.
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- Buyer
- Pet Resort Hospitality Group, Trivest Partners, Queens Court Capital Management
- Target
- Play All Day
- Seller
- Amanda Field
- Industry
- Veterinary
- Location
- United States
- Type
- Addon
Trivest Partners and Queens Court Capital Management launched Pet Resort Hospitality Group (PRHG), a platform focused on multi-unit pet services. PRHG has acquired Play All Day, a five-location pet resort in New Hampshire and Massachusetts, as its first add-on to the new platform; Amanda Field, Play All Day's founder, will remain involved post-transaction.
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- Buyer
- LoneTree Capital, LLC
- Target
- Synergy Pet Group, Inc.
- Industry
- Veterinary
- Location
- New Jersey, United States
- Type
- Growth capital
Synergy Pet Group, a Lakewood, New Jersey–based provider of pet-related employee benefits, tech-enabled services, and veterinary software, received a minority growth investment from LoneTree Capital. LoneTree will support Synergy’s product rollouts, new business lines and strategic add-on activity, and Matt Koven will join Synergy’s board; terms were not disclosed.
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April 6, 2023
- Buyer
- Altano Group (Altano Gruppe GmbH)
- Target
- Avanti Equine Veterinary Partners
- Industry
- Veterinary
- Location
- United States
- Type
- Addon
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.
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- Buyer
- Veterinary Practice Partners
- Target
- Caring Hands Animal Hospital
- Industry
- Veterinary
- Location
- United States
- Type
- Addon
Veterinary Practice Partners (VPP) has entered a partnership with Caring Hands Animal Hospital, bringing the eight-hospital Caring Hands network into VPP’s community and elevating 21 associate doctors to equity partners (17 of whom are women). The agreement preserves veterinarian ownership and clinical autonomy while VPP provides operational support to help the Caring Hands practices grow and focus on patient care.
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November 17, 2022
- Buyer
- Jonas Software
- Target
- VetlinkPRO
- Industry
- Veterinary
- Location
- Auckland, New Zealand
- Type
- Buyout
Jonas Software has acquired VetlinkPRO, an Auckland-based provider of veterinary practice management software used by over 300 veterinary practices across the Asia‑Pacific region. The acquisition expands Jonas's vertical market software portfolio into the veterinarian practice management space and supports ongoing growth across the region.
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November 7, 2022
- Buyer
- Patterson Companies, Inc.
- Target
- Relief Services for Veterinary Practitioners (RSVP), Animal Care Technologies (ACT)
- Industry
- Veterinary
- Location
- Texas, United States
- Type
- Buyout
Patterson Companies, through a subsidiary, has signed an agreement to acquire substantially all of the assets of Relief Services for Veterinary Practitioners (RSVP) and Animal Care Technologies (ACT), two Texas-based businesses that provide data conversion, staffing and video-based training services to veterinary practices. The acquired businesses will be integrated into Patterson Veterinary to expand its value‑add platform; terms were not disclosed and the deal is expected to close in Patterson's third fiscal quarter of FY2023.
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October 31, 2022
- Buyer
- AmeriVet Veterinary Partners
- Target
- Northeast Veterinary Partners
- Seller
- Northeast Veterinary Partners
- Industry
- Veterinary
- Location
- Massachusetts, United States
- Type
- Buyout
AmeriVet Veterinary Partners (San Antonio, TX) acquired 14 veterinary practices from Northeast Veterinary Partners in a buyout announced October 11, 2022, marking the first time AmeriVet has purchased another veterinary consolidator. The deal expands AmeriVet’s clinic network (bringing it to about 186 clinics at the time) and adds locations across New Hampshire, Massachusetts, Vermont, California and Maine as part of its ongoing consolidation and network expansion strategy.
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October 14, 2022
- Buyer
- Undisclosed buyer
- Target
- Specialty Sales, LLC
- Seller
- Benford Capital Partners
- Industry
- Veterinary
- Location
- California, United States
- Type
- Divestiture
Benford Capital Partners has completed the sale of Specialty Sales, LLC, a Fresno-based animal health company that manufactures automated hoof bath systems and recurring hoof-care chemical solutions for U.S. commercial dairies. The transaction closed October 7, 2022; Benford highlighted growth initiatives completed during its ownership including management team upgrades, new product development, market expansion and two add-on acquisitions.
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September 22, 2022
- Buyer
- Veritas Veterinary Partners
- Target
- Veterinary Surgical Specialists
- Industry
- Veterinary
- Location
- California, United States
- Type
- Addon
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.
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September 7, 2022
- Buyer
- VetCor, Harvest Partners, Cressey & Company
- Target
- People, Pets & Vets
- Industry
- Veterinary
- Location
- United States
- Type
- Addon
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.
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- Buyer
- Dechra Pharmaceuticals PLC
- Target
- Med-Pharmex Holdings, Inc.
- Seller
- DW Healthcare Partners
- Industry
- Veterinary
- Location
- California, United States
- Type
- Buyout
Dechra Pharmaceuticals PLC has completed the acquisition of Med-Pharmex Holdings, Inc. from DW Healthcare Partners. The deal brings a US-based, fully integrated veterinary pharmaceutical manufacturer (Med-Pharmex) into Dechra's global animal-health platform to strengthen its manufacturing capabilities and North American footprint.
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Frequently Asked Questions
Who is buying veterinary businesses today?
Buyers include strategic animal‑health and pharmaceutical companies (e.g., Zoetis Inc., Kemin Industries), private equity and growth investors (e.g., PAI Partners, Incline Equity Partners), pet‑tech firms (e.g., Tractive) and veterinarian-owner groups or management teams participating in buyouts.
What capabilities are acquirers most often adding?
Acquirers are expanding clinical software and AI capabilities, vaccine and biologics R&D and manufacturing, diagnostic and lab services, and consumer-facing pet services such as resorts and wearable tech—reflecting deals like Instinct Science + ScribbleVet, Kemin Industries + Hennessy Research Associates, and Tractive + Whistle.
Which deal structures are common in this sector?
Common structures include corporate acquisitions and add‑ons, joint ventures (e.g., VetEvolve's JV), private‑equity growth investments, and veterinarian-led purchases or partner arrangements to preserve clinical leadership and continuity of care (e.g., the Curo–MASH transaction).
Where is veterinary acquisition activity concentrated geographically?
Activity is concentrated in the United States, with strategic and PE transactions also targeting Europe and Latin America—examples in the dataset include deals in Ireland, Spain (Community of Madrid) and Brazil.