Tag: private

FTC Takes Second Action Against JAB Consumer Partners to Protect Pet Owners from Private Equity Firm’s Rollup of Veterinary Services Clinics

The Federal Trade Commission today took the second action against JAB Consumer Partners to prevent the private equity firm from further consolidating control over specialty and emergency veterinary clinics. As a condition of JAB’s proposed $1.65 billion acquisition of the parent company of veterinary clinic owner Ethos, the FTC is ordering the firm to divest clinics in Richmond, Va., Denver, …

Terravet Real Estate Solutions Launches Private REIT with Majority Veterinarian Ownership to Target Top-Quartile Veterinary Properties

BALA CYNWYD, Pa.–(BUSINESS WIRE)–Terravet Real Estate Solutions, a leading real estate group focused on veterinary practice real estate, today announced the launch of Terravet REIT, Inc., the company’s first private real estate investment trust (“REIT”). Terravet REIT, Inc. will provide owners of veterinary real estate an opportunity to diversify their real estate holdings by participating in a pool that is …

FTC Acts to Protect Pet Owners from Private Equity Firm’s Anticompetitive Acquisition of Veterinary Services Clinics

The Federal Trade Commission today took action to protect competition in markets for specialty and emergency veterinary services by requiring the owner of a chain of veterinary clinics, JAB Consumer Partners, to divest clinics in California and Texas as a condition of its proposed $1.1 billion acquisition of competing clinic operators SAGE Veterinary Partners, LLC. The Commission also imposes robust …