Woodward Veterinary Practice
One of Leicestershire’s leading independent Veterinary practices, offering a range of first opinion surgeries and out of hours treatments for domestic pets.
History dating back to 1800s, with track record of longevity and continuous success.
Operating from bespoke premises built in 2017, the business had numerous growth opportunities with the potential to achieve hospital status.
Sale of 100% of the shares to Linnaeus Veterinary Ltd, a market leader with 165 sites across the UK, employing around 3,000 people.
Linnaeus are part of Mars Petcare Inc, the leading pet care business in the world with revenues of $18 billion.
Full consideration paid on day one, with continued commitment from the purchaser to the current operation and employment of staff.
Fully understood the market dynamics, identifying the strategic buyers and created a professional information memorandum document to present the numerous growth opportunities in a credible manner.
Chaired meetings and negotiated a deal that surpassed the vendors’ expectations, with integrated long term tax advice.
Acted as lead advisers through every stage, managing the sale and completing during the COVID-19 pandemic and lockdown.