Revelstoke Capital Partners, a Denver-based private equity firm, has invested in Vet’s Best Friend, a Waltham, Massachusetts-based operator of general practice veterinary clinics and hospitals.
Jeff Wilson, CEO of Vet’s Best Friend, said, “We are very passionate about what we do, and through this partnership, we will progress that mission as a premiere provider of veterinary services across the Northeast. We are excited to leverage Revelstoke’s experience in helping to grow multi-site healthcare services businesses. We expect that this investment will enable the company to rapidly expand our presence across new and existing markets through acquisitions and de novo locations, working with likeminded veterinarians.”
“After a multi-year outbound search in the veterinary services sector, we are pleased to partner with Vet’s Best Friend, a people-centric general practice consolidator that focuses on supporting industry-leading veterinarians to better serve their communities,” said Simon Bachleda, co-founder and managing partner at Revelstoke. “With more emerging pet parents across the nation and increasing pet life expectancy, the veterinary services sector has experienced substantial consolidation and tailwinds over the last decade that we believe will continue for years to come,” added Anthony Hayes, principal at Revelstoke.
McGuireWoods LLP acted as legal counsel to Revelstoke. McDermott Will & Emery LLP acted as legal counsel to Vet’s Best Friend.