Davies Veterinary Specialists Sold To Mars Petcare
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Bishopsgate advised on the sale of Davies Veterinary Specialists to The Linnaeus Group, part of Mars Petcare Veterinary Health Group.
Davies Veterinary is the UK’s leading veterinary referral hospital for small animals. It was established in 1998 by Dr Jerry Davies and his wife Olivia. It was the first specialist referral centre in the UK outside of the traditional university-based system. It has grown to employ more than 100 specialist veterinary clinicians, registered nurses and veterinary professionals and it provides care for more than 9,000 pets per annum.
The Linnaeus Group was formed in 2014 following the acquisition of Solihull-based Willows Veterinary Centre and is a leading provider of veterinary services through its national network of small animal specialist hospitals and bespoke practices. Linnaeus joined the family of Mars Veterinary Health businesses in June 2018. Mars Veterinary Health is a purpose-driven team of 70,000 passionate, pet-loving Associates spanning preventive, general, specialty and emergency veterinary care. It sets a standard for high-quality care for more than 35 million pets each year across 3,000 veterinary clinics worldwide.
Richard Cox led the Browne Jacobson team providing legal advice to Davies.
Bishopsgate Advisors
James McBain Allan
Nat Whitley – Clinical Director, Davies Veterinary Specialists
We are delighted to be joining the Linnaeus Group of veterinary practices.
We look forward to sharing mutual expertise and support, as well as continuing to uphold the same values through our shared commitment to excellence and our promise to deliver outstanding care.
James McBain Allan – Partner, Bishopsgate Corporate Finance
Davies is a typical example of Bishopsgate’s long-term relationships with its clients, which has resulted in a fantastic result for the Davies shareholders.
We have advised on the two previous Davies management buy-outs which ensured we became embedded in the business and were able to drive value for all 16 shareholders. This evidences the continued appetite for UK assets from overseas acquirers and I look forward to witnessing the continued success of Davies as part of the Linnaeus Group.
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