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Consumer & Retail | Healthcare

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.

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M&A sell-side
Parties

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 Michael S. Goldman

Michael S. Goldman

Managing Director

New York, United States
Oaklins TM Capital
 James  McLaren

James McLaren

Managing Director

New York, United States
Oaklins TM Capital
 John  Dean

John Dean

Associate Director

Atlanta, United States
Oaklins TM Capital

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