August Equity are pleased to announce they have co-invested alongside CVC for a minority stake in Medivet, a leading provider of veterinary services with over 450 branches across the UK, Germany and Spain.
August have a longstanding relationship with CVC and a strong record in animal health having previously founded IVC and VetPartners.
With over 450 branches in the UK, Medivet is a leading provider of veterinary care, delivering a full spectrum of small animal health services including routine check-ups, 24/7 emergency care, lab & diagnostics and advanced surgery to companion pets across the country. Medivet has a clinical excellence led ethos and unique partnership model delivering a gold-standard of clinical care to patients, whenever and wherever they need it. From its UK foundations, the company has recently expanded with operations in Germany and Spain, with ~50 sites in Europe in partnership with local founders.
Medivet will pursue a strategy focused on driving both organic and inorganic growth, while further enhancing its established reputation for exceptional care and service to its clients. Medivet is poised to continue its growth as a leading provider of veterinary services in the attractive animal health and wellness sector.