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Independent Vetcare acquired by EQT
hand shaking
The parties involved have decided not to disclose the value of the transaction.
Agreement signed to take over as principal investor

Scandinavian investment firm EQT has signed an agreement to acquire Independent Vetcare (IVC) from Summit Partners.

The parties involved have decided not to disclose the value of the transaction, which is expected to close in early 2017.

IVC was founded in 2011 through the merge of three veterinary groups. Reportedly the third largest veterinary services provider in the UK, it has just under 300 sites and employs around 2,700 people.

Global growth equity company Summit Partners has been its principal investor since July 2014. But according to David Hiller, IVC's CEO, the business began looking for a new partner earlier this autumn to continue its development.

EQT already owns Evidensia, one of the leading veterinary groups in Europe.

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Applications open for MMI research grants

News Story 1
 RCVS' Mind Matters Initiative (MMI) has launched round two of its veterinary mental health research grants.

Researchers have until 11.59pm on Wednesday, 28 May 2025 to apply for a grant for research which reflects MMI's 2025 focus areas.

Only one Impact Grant was awarded last year, and so this year there are two Discovery Grants and one Impact Grants available. Each Discovery Grant is worth £5,000 and the Impact Grant is worth £15,000.

For more information or to apply, email researchgrants@rcvs.org.uk to contact the MMI team.

 

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News Shorts
Germany livestock import ban lifted

The UK government has amended its ban on the import of livestock, meat and dairy products from Germany.

Defra said the decision follows 'rigorous technical assessment' of the measures applied and the current situation. "If the situation changes, we will not hesitate to take necessary action in response to the FMD outbreaks in the European Union to protect our domestic biosecurity," it said.

The ban was implemented in January following an outbreak of foot and mouth disease (FMD) near Berlin. Personal imports of meat, milk and dairy products will remain in place at a country level.