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BC Partners prepares sale of VetPartners
BC Partners has appointed JP Morgan and Jefferies to oversee the deal.
The buyout company acquired the group in 2018. 

Private equity firm BC Partners is preparing to sell VetPartners in a deal that could be worth more than £3bn, according to a report by Sky News.

The report states that an auction will take place later this year, and that BC Partners has appointed two banks, JP Morgan and Jefferies, to oversee the process.

CVC Capital Partners, which has a stake in Medivet, is reported to be one of a considerable number of buyout firms already preparing bids for the company.

Established by CEO Jo Malone in October 2015, VetPartners employs some 7,500 employees at 500 sites across the UK and from its York headquarters.

The firm expanded into mainland Europe in 2019 with the purchase of four small animal practices in Italy. It has since bought practices in France, Spain, Portugal, Germany and Ireland.

VetPartners was acquired by BC Partners in 2018 for £700 million.

BC Partners has been contacted for comment.

 

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Webinar to explore history of KC breed registers

News Story 1
 A free webinar exploring the development of the Kennel Club's registration system and the evolution of closed breed registers has been announced.

Hosted by Dr Alison Skipper, veterinary and research advisor at the Kennel Club, the webinar will delve into the development of the registry and how the changing landscape of scientific knowledge has shaped breeding practices. It will also look at what this means for the future of pedigree dogs.

The session will culminate with a look at The Kennel Club's ongoing and future engagement in this area, with a chance for attendees to put forward their thoughts and questions for discussion.

This event takes place on Microsoft Teams on Tuesday, 10 June at 7pm. To learn more, visit events.teams.microsoft.com  

Click here for more...
News Shorts
UK's BSE risk status downgraded

The WOAH has downgraded the UK's international risk status for BSE to 'negligible'.

Defra says that the UK's improved risk status recognises the reputation for having the highest standards for biosecurity. It adds that it demonstrates decades of rigorous animal control.

Outbreaks of Bovine Spongiform Encephalopathy, also known as mad cow disease, have previously resulted in bans on Britain's beef exports.

The UK's new status could lead to expanded trade and better confidence in British beef.

Christine Middlemiss, the UK's chief veterinary officer, said: "WOAH's recognition of the UK as negligible risk for BSE is a significant milestone and is a testament to the UK's strong biosecurity measures and the hard work and vigilance of farmers and livestock keepers across the country who have all played their part in managing the spread of this disease.