Veterinary

Q2-2017 Veterinary Industry Update– Consolidation of practices into corporate chains continued in the second quarter, as private equity-backed veterinary practice management companies try to leverage their greater access to back-office capabilities, in order to create more efficient operations.

Q1-2017 Veterinary Industry Update– While transaction volume was not quite as high within veterinary services relative to recent quarters, a landmark deal was announced with Mars, Inc.’s acquisition of VCA, Inc. (NASDAQ: WOOF).

Q4-2016 Veterinary Industry Update– Veterinary services merger and acquisition activity in the fourth quarter of 2016 was primarily driven by private equity-backed networks of veterinary hospitals and clinics, which continued to utilize the capital of their financial sponsors to consolidate this heavily fragmented sector.

Q3-2016 Veterinary Industry Update– Merger and acquisition activity in the veterinary markets continued to be driven in the third quarter by private equity-backed veterinary platforms, which have utilized the capital of private equity partners to consolidate this heavily fragmented market.

  • “While the decision to sell our business was a difficult one, Provident vigilantly represented and protected our best interests throughout the transaction.  Provident was the right choice for Cascade and I would recommend their services to anyone.”

  • “Provident listened to our story, confirmed that our business was valuable and made us feel like this was the only transaction important to them.”

  • “A lot of investment bankers were interviewed, Provident was chosen. Provident delivered. My clients could not be happier.”

  • “We would not have been successful navigating the process without Provident’s hard work and active participation. They exceeded our expectations and we would highly recommend them to any health care company seeking a knowledgeable and engaged investment banking firm.”

  • “Provident’s depth of experience and practical business savvy was demonstrated in their ability to cut through what sometimes looked like impasse.”

  • ”I have a tremendous amount of appreciation and gratitude to the Provident team for their hard work and diligence throughout this process. Each and every member of the Provident team is excellent at their jobs and it has been a pleasure working with such a professional team. Provident has provided outstanding guidance and counsel, and this deal could never have gotten done without Provident’s leadership.”

  • “After working with Provident on several transactions, it is evident that their extensive industry knowledge and deal expertise prove to be invaluable to their clients.”