Veterinary Acquisitions in Colorado

Main Street Capital Corporation provided $36.4 million in a combination of first‑lien term debt and a minority equity investment to facilitate the recapitalization of Jorgensen Laboratories, LLC (JorVet). Main Street and an unnamed co‑investor partnered with the company’s existing owners and management to complete the transaction and support the business, a longtime supplier of veterinary equipment and supplies headquartered in Loveland, Colorado.

Valsoft Corporation Inc., a Canadian acquirer and developer of vertical market software businesses, acquired Asteris, the provider of the Keystone Software Suite veterinary diagnostic imaging and teleconsultation platform. The acquisition, effective August 7, 2020, brings Valsoft into the animal health vertical while Asteris’ US-based team — including co-founder Jason Otis — will remain in place to continue product development and customer support.