Unavets, a Madrid, Spain-based veterinary healthcare company, raised €116M in funding.
The round was led by Ares Management Credit funds.
The company intends to use the funds to refinance existing debt with a significant majority reserved for future acquisition and capex funding to acquire veterinary hospitals and clinics and to continue acquisitions and investments in meaningful adjacencies.
Led by CEO Junko Sheehan, Unavets is a veterinary healthcare group with 91 practices across Spain and Portugal. The company is comprised of reference/specialized centers, 24-hour hospitals, primary opinion clinics and vet offices, which guarantee a complete service offering. Its growth strategy started with a focus on Iberia but has since expanded to other European countries and the United States, as well as adjacent verticals synergistic with veterinary healthcare. The company is currently majority owned by funds managed by Oaktree Capital Management L.P.
FinSMEs
20/11/2022