Medivet, a leading European veterinary services provider, is pleased to announce further growth investment from a group of institutional partners, led by LGT Capital Partners (LGT CP).
Medivet, a leading European veterinary services provider, is pleased to announce further growth investment from a group of institutional partners, led by LGT Capital Partners (LGT CP). LGT CP, who have supported many veterinary and healthcare related growth businesses, will join funds advised by CVC Capital Partners and August Equity to support Medivet’s continued growth in both the UK and Internationally.
Commenting on the announcement, Medivet’s CEO, Chris Cools, said “We are delighted to welcome our latest investor, LGT CP, to Medivet. This additional investment is testament to the progress the Company is making, the dedication and commitment shown by all our colleagues and the confidence our partners have in our ambitious plans for the future. The funds will enable us to continue our exciting growth and accelerate our investment in people, technology, clinical facilities and new clinic acquisitions to join our thriving Medivet community.”
On joining Medivet, Philippe Schneitter, Partner at LGT CP, said, “We are pleased to team up with CVC and other existing investors to accelerate Medivet’s growth, presence and success in the UK and Internationally. They have a clear vision, a strong leadership team and a proven track record. We look forward to growing Medivet together and creating an exceptional international veterinary business.”
Medivet was advised by Rothschild & Co, KPMG and Freshfields.
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Based in Watford UK, Medivet is a fast-growing provider of veterinary services with over 500 First Opinion clinics and network of 24/7 veterinary Hospitals across the UK, Spain and Germany. Its purpose is to deliver truly exceptional care for its patients and service to its clients whenever needed. Through its unique ‘Branch Partner’ co-ownership model, its leading Brand and fully integrated model, Medivet supports a large, connected and rapidly growing community of over 1,500 devoted vets who are committed to providing exceptional care, that’s always there.
About LGT Capital Partners
LGT Capital Partners is a leading alternative investment specialist with over USD 85 billion in assets under management and more than 650 institutional clients in 44 countries. An international team of over 700 professionals is responsible for managing a wide range of investment programs focusing on private markets, liquid alternatives, and multi-asset class solutions. Headquartered in Pfaeffikon (SZ), Switzerland, the Firm has offices in San Francisco, New York, Dublin, London, Paris, The Hague, Luxembourg, Frankfurt am Main, Vaduz, Dubai, Beijing, Hong Kong, Tokyo, and Sydney.