Thrive Pet Healthcare (“Thrive”), a leading owner and operator of a national network of over 360 veterinary hospitals, announces the successful completion of a new financing transaction that will provide $350+ million of enhanced liquidity and extend the maturities of all of its debt instruments, providing Thrive with significant capital to execute on its operational initiatives and strengthen its financial profile to drive continued growth. This transaction was supported by 100% of Thrive’s existing lenders and its equity sponsor, TSG Consumer Partners, demonstrating confidence in the business plan and management team.
Read the full article: Thrive Pet Healthcare Secures New Financing Providing $350M+ of Enhanced Liquidity to Drive Future Growth //
Source: https://www.prnewswire.com/news-releases/thrive-pet-healthcare-secures-new-financing-providing-350-million-of-enhanced-liquidity-to-drive-future-growth-302414704.html