About
Inflexion’s Partnership Capital minority funding helped double the number of staff and sites at Medivet, a veterinary business, before it was sold to CVC Capital Partners.
Medivet is a highly regarded pet-care business comprised of a community of vets, nurses and other related professionals operating a hub-and-spoke model of 18 main centres and over 300 first opinion practices.
The business has capitalised on industry deregulation that stimulated market consolidation, successfully expanding by acquiring practices across the UK.
Value acceleration
Inflexion’s understanding of the market gleaned through its investment in Kynetec combined with its extensive buy-and-build experience made it a good fit for Medivet.
During the partnership, Inflexion helped strengthen the leadership team and provided marketing and digital expertise to drive customer experience and develop new branch software.
Medivet significantly increased its number of sites and employees through an ambitious programme of organic and M&A growth. Inflexion supported the expansion of Medivet into Europe with the acquisition of over 40 practices in Germany and Spain. Overall sites doubled to more than 350 across the UK and Europe with headcount doubling to over 3,000.
increase in sites
increase in headcount