Case study

Ethos Veterinary Health, LLC has been acquired by Brown Brothers Harriman

The private shareholders of Ethos Veterinary Health, LLC (Ethos) have sold the company to Brown Brothers Harriman Capital Partners.

Headquartered in Woburn, Massachusetts, Ethos is a leading provider of specialty veterinary health services with over 300 doctors of veterinary medicine throughout the United States. The company’s unique integrated clinical model includes 21 specialty and emergency hospitals and a suite of complementary reference laboratory, compounding pharmacy and SaaS-based training services. Ethos, formed in 2015 through the merger of four veterinary hospital systems, has since acquired six additional hospital systems and also earned a national reputation among veterinary professionals for providing exceptional quality and world-class professional development and a veterinarian-first culture. Through this minority equity recapitalization with Brown Brothers Harriman, Ethos has provided liquidity to its owners, gained a partner with significant experience scaling multi-unit healthcare businesses and positioned itself for future organic and acquisitive growth.

Brown Brothers Harriman Capital Partners is a private equity strategy that provides highly customized, one-stop junior capital solutions to lower middle‐market companies.

Oaklins' team in Cleveland served as the exclusive financial advisor to the seller in this transaction.

Tombstone image for Ethos Veterinary Health, LLC has been acquired by Brown Brothers Harriman

Key deal contacts

Andrew P. Male

United States

Director

View profile

Brian J. Habacivch

United States

Analyst

View profile

David D. Dunstan

United States

Managing Director

View profile

Margaret E. Graham

United States

Associate

View profile