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Bishopsgate advises on the cross-border sale of leading veterinary group to Mars Petcare.

Davies Veterinary is the UK’s leading veterinary referral hospital for small animals.

Established in 1998 by Dr Jerry Davies and his wife Olivia, Davies Veterinary was the first specialist referral centre in the UK outside of the traditional university-based system.  It has grown to employ more than 100 specialist veterinary clinicians, registered nurses and veterinary professionals and it provides care for more than 9,000 pets per annum.

We are delighted to be joining the Linnaeus Group of veterinary practices. We look forward to sharing mutual expertise and support, as well as continuing to uphold the same values through our shared commitment to excellence and our promise to deliver outstanding care.
— - Nat Whitley, Clinical Director at Davies Veterinary Specialists

The Bishopsgate Corporate Finance team was led by James McBain Allan.

Davies is a typical example of Bishopsgate’s long-term relationships with its clients, which has resulted in a fantastic result for the Davies Shareholders. We have advised on the two previous Davies management buy-outs which ensured we became embedded in the business and were able to drive value for all 16 shareholders. This evidences the continued appetite for UK assets from overseas acquirers and I look forward to witnessing the continued success of Davies as part of the Linnaeus Group.
— James McBain Allan, Partner

Advisors on the transaction included Bishopsgate Corporate Finance (Vendor CF), Browne Jacobson (Vendor legals) and Mazars (tax).  The purchaser was advised by Pinsent Masons (Legals).

Key Facts

  • UK's leading veterinary referral hospital

  • Cross-border sale of leading veterinary group