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Rarebreed Veterinary Partners announces acquisition of Vet's Best Friend
This acquisition adds 47 new locations for Rarebreed's 71-practice community
Rarebreed Veterinary Partners has acquired Vet's Best Friend (VBF), a Massachusetts-based veterinary group. This marks 47 new locations for Rarebreed's 71-practice community, making it among the largest practice groups nationwide.
According to a company release,1 it will be headquartered in Portland, Maine, and is mainly supported by Revelstoke Capital Partners. The company united is one of the most well-capitalized veterinary health platforms in the US. It is positioned for rapid future expansion through acquisition and building veterinary clinics.
"The acquisition of VBF represents a major milestone for Rarebreed and the veterinary community. Our goal has always been to reimagine the veterinary experience by creating a working environment where team members feel supported, valued, heard—and happy to come to work every day. As we strengthen our community, in a measured and thoughtful way, the closer we are to reaching that goal,” said Sean Miller, COO of Rarebreed.
Both Rarebreed and VBF aim to take care of the people who take care of pets. They collaborate with hospital owners to foster a relationship that works for them, rather than practicing the one-size-fits-all partnership model.1 Together, the 2 entities include general practice, urgent care, and specialty emergency hospitals, and will work to develop a vast network that prioritizes healthcare teams. Plus, they will provide the required innovation and technology to expand, enhance, and optimize service.
"I am very excited to begin our relationship with Rarebreed. Vet's Best Friend and Rarebreed are similar mission-based organizations that are highly focused on our people. By joining together, we will be able to accelerate our mission throughout the veterinary industry,” expressed Jeff Wilson, VBF CEO.
Reference
Rarebreed Veterinary Partners acquires Vet's Best Friend group in landmark veterinary deal. News release. Rarebreed Veterinary Partners. June 30, 2022. Accessed July 1, 2022. https://www.globenewswire.com/news-release/2022/06/30/2472495/0/en/Rarebreed-Veterinary-Partners-Acquires-Vet-s-Best-Friend-Group-in-Landmark-Veterinary-Deal.html
