BC-backed VetPartners acquires Clyde Veterinary Group

[Editor's note: BC Partners is the majority owner of Acuris, the parent company of Unquote]

The deal is intended to increase VetPartners' presence in Scotland and its share of Europe's farm and equine animal care market. The consolidated business will operate 104 practices and have a headcount of 4,600.

The transactions comes nine months after BC acquired the group from Ares Management, Credit Group and August Equity in a deal that was reportedly valued at around £700m.

The GP is invested in VetPartners via BC European Capital X, which held a final close in January 2018 on its €7bn target after two years on the road.

Company
Lanark-headquartered Clyde Veterinary Group is a veterinary business focusing on the treatment of horses, farm animals and small animals. The company operates from four sites in Lanark, Wishaw, Auchenheath and Stirling.

People
VetPartners - Jo Malone (CEO).
Clyde Veterinary Group - Trevor Hamilton (director).

Advisers
Vendor - KPMG (corporate finance).

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