Inspire Veterinary Partners, which operates 13 veterinary hospitals across the US, filed on Monday with the SEC to raise up to $28 million in an initial public offering. The Virginia Beach, VA-based company plans to raise $28 million by offering 5.6 million shares (82% secondary) at a price range of $4 to $6. At the midpoint of the proposed range, Inspire Veterinary Partners would command a market value of $50 million. Inspire Veterinary owns and operates a network of 13 veterinary hospitals across nine states in the US. The company specializes in small animal general practice hospitals, with an emphasis on cats and dogs, though it has started offering additional services as it has expanded, including mixed animal facilities, critical care, and other specialty services.
Read the full article: Vet Hospital Operator Inspire Veterinary Partners Files and Sets Terms for a $28M IPO //
Source: https://www.renaissancecapital.com/IPO-Center/News/98514/Vet-hospital-operator-Inspire-Veterinary-Partners-files-and-sets-terms-for-