This deal announcement in the Vet Times (see below) seemed to slip under the radar somewhat but I'm noting it as little old Betaville was the first to break the story a few weeks ago about Independent Vetcare being put up for sale.
Posts tagged: Jefferies
One of Britain’s largest chain of vets could be about to change hands for around £350 million.
[insert picture of a cuddly dog or cat here]
City sources said Summit Partners, the US-based private equity owner of Independent Vetcare (IVC), has been talking to corporate finance types about a sale of the business...
This isn't exactly earth shattering news but I did pick up over a sumptuous lunch yesterday that FTSE 250-listed Bodycote is looking to appoint new advisers.
Word is the 'thermal processing specialist' is carrying out a beauty parade for new corporate brokers, one of the few remnants of "gentlemany capitalism" from a bygone era of the City of London...