
Meridia increases stake in Vetsum
Meridia Capital has become the majority shareholder in Vetsum, a Spanish company that manages a network of veterinary hospitals.
The GP initially acquired a minority stake in Vetsum in July 2020. This new capital injection is aimed at further accelerating Vetsum's buy-and-build strategy, while supporting the company's organic growth plan.
The GP has invested in the company via Meridia Private Equity I, a €105m fund that was closed in 2017 and targets Spanish companies generating revenues in the €15-150m bracket; the vehicle deploys equity tickets of €15-30m.
Company
Headquartered in Madrid, Vetsum manages a network of 15 veterinary hospitals across Spain and Portugal, offering a wide range of services, including primary and critical care, surgery and advanced diagnostics. The company generates annual revenues of around €20m.
People
Meridia Capital – David Torralba (partner).
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