Private equity firm Shore Capital Partners is in advanced talks to merge a pair of its veterinary practice platforms, via an $8.6 billion recapitalization sponsored by Silver Lake, as first reported by Bloomberg and confirmed by Axios. This would create one of the country’s largest pet services group with over 750 facilities, and is being driven by the pandemic-era boom in pet ownership. Shore’s limited partners with exposure to Southern Veterinary Partners and Mission Veterinary Partners would have the option to cash out entirely, roll over their stakes, or do a combination.
Read the full article: Private Equity Preps Major Veterinary Care Merger //
Source: https://www.axios.com/2024/11/04/private-equity-preps-veterinary-merger