Take the lead with compassionate petcare


With pet parents keener than ever to ensure their loyal companions receive the best treatments available to increase their length and quality of life, the petcare sector is thriving. What makes the veterinary services market so attractive to both corporates and private equity? Oaklins’ petcare specialist Thorben Woeltjen places the high levels of M&A activity under the microscope and identifies promising opportunities. In particular, we focus on Mars Inc.’s massive M&A activity to see how the iconic confectionary company has transformed itself into a leader in the US veterinary services sector.

This edition’s case study examines how the sale of Ethos to private equity firm Brown Brothers Harriman has enabled this leading US provider of specialty veterinary services to position itself for future growth.