Veterinary Chain to Get New Majority Owner
July 18, 2014
National Veterinary Associates, the owner of 244 hospitals in 39 states, is being sold to a private equity fund for an undisclosed price. Summit Partners, a Boston-based investment company, will transfer its holdings in National Veterinary Associates to Ares Management of Los Angeles. The chain’s senior managers will retain a minority stake, Ares reported Thursday.… Continue reading...