Lida Vets

The Business

A leading small animal practice founded in 1991 by Josh and Liz Lida, servicing Newmarket and the surrounding areas.

Reputation for offering high quality 24/7 care utilising modern medical treatments and equipment.

Operated from refurbished modern premises strategically located off the main high street in the heart of Newmarket.

Huge opportunities for further expansion.

The Deal

Trade and asset sale to the Linnaeus Group who were recently acquired by Mars Petcare.

Linnaeus is one of the UK’s leading veterinary groups with c.90 practices including five specialised referral centres.

Cash on completion transaction, with continued commitment from Linnaeus to the current practice, its growth prospects and staff.

Value Add

Fully understood the market dynamics to take advantage of a strategic opportunity in the market in order to maximise value for the shareholders.

Identifying the opportunity, drafting and releasing the Information Memorandum and signing Heads of Terms was completed in two weeks.

Acted as hands-on lead advisers through every stage of the sale process from start to finish.

Location

Suffolk

Sector

Healthcare

Deal

Trade Disposal

Lida Vets Logo Lida Vets Logo

I engaged JDC after doing thorough research into the market to identify the best corporate finance firm in the eastern region for my business. After having now been through the process, I have to say that I am so pleased I appointed JDC. Dave and Adam unlocked and delivered an exceptional deal, well in excess of what I had hoped for and supported me hands-on throughout the whole process. It has been a pleasure working with them and I would not hesitate to recommend JDC to any business considering a sale.

Josh Lida Director of Ideal Vets Ltd trading as Lida Vets