VIP Petcare has been acquired by PetIQ, Inc.
The owners of VIP Petcare (VIP), a leading veterinary services provider, have sold the company to PetIQ, Inc. for US$220 million.
VIP is a nationwide provider of veterinary wellness services through more than 2,900 community clinics hosted at local pet retailers. The company also distributes pet wellness products.
PetIQ (NASDAQ: PETQ), a distributor and manufacturer of pet medications, is the leading seller to the retail channel of pet products that were previously available for purchase primarily from veterinary clinics.
One of Oaklins' teams in the USA served as the exclusive financial advisor to the seller in this transaction.
Talk to the deal team
Michael S. Goldman
Oaklins TM Capital
James McLaren
Oaklins TM Capital
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