Unavets, a Madrid, Spain-based veterinary healthcare firm, raised €116M in funding.
The spherical was led by Ares Administration Credit score funds.
The corporate intends to make use of the funds to refinance current debt with a major majority reserved for future acquisition and capex funding to amass veterinary hospitals and clinics and to proceed acquisitions and investments in significant adjacencies.
Led by CEO Junko Sheehan, Unavets is a veterinary healthcare group with 91 practices throughout Spain and Portugal. The corporate is comprised of reference/specialised facilities, 24-hour hospitals, major opinion clinics and vet workplaces, which assure a whole service providing. Its progress technique began with a concentrate on Iberia however has since expanded to different European nations and america, in addition to adjoining verticals synergistic with veterinary healthcare. The corporate is at present majority owned by funds managed by Oaktree Capital Administration L.P.