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The largest European Veterinary Group of the IVC Evidensia is investigating flotation in the UK, in what would be one of the largest in London in recent years after the drought.
The company, supported by private capital groups, EQT and Silver Lake, as well as a Wide Nestlé Consume Company, is last appreciated In 12.3 billion euros 2021 And it grew by buying veterinary clinics and overturning into one large group.
The sector is transformed by a consolidation rush, stimulated by part of the more consumption of pets.
IVC is investigating several options, including a list on the London Stock Exchange or Flotation in second place next year, according to people who are familiar with the issue.
People added that the discussions were early stages and no final decision was made.
Flootation in the UK would be an incentive for the London Stock Exchange who suffered its worst year for the new lists of 2024 from a global financial crisis. This could also be one of the first in the wave of the flotation of large companies supporting private capital in Europe after a period of redemption companies to move companies in attractive estimates.
Integration rates has been growing since 2022, muffled estimates of portfolio companies, leaving yawning gap between companies that buy prices, which asked for them and what potential customers were willing to pay.
IVC was formed in 2017 from the merger between two veterinary services providers. A company based in Bristol tested a a Possible entry of London in 2020But instead he remained private and agreed on an investment agreement in the amount of 3.5 billion euros with Silver Lake and Nestlé 2021.
From that job, IVC has entered several new markets, giving it about 2500 clinics and hospitals in 20 countries. In 2019, the group brought the former Whrsmith Executive Director Kate Swann as a chairman.
IPO would also give the trip to IVC’s support – including their largest shareholder EQT – to start selling investment in the company, as funds managers are facing pressure from returning money to their supports.
IVC is considering a listed in London during the Crown Year for the British Stock Exchange. On Friday, Broker Peel Hunt said that IPO activity “would be expected to increase” in the second trimester, adding that the three -month period would be the “first real market” market 2025 test.
Companies, including Payments Group Ebury and Greece based in Greece Metlen Energy & Metals, are among those who are preparing lists this year.
IVC is one of the largest veterinary groups to support private capital global levels. Its potential iPo comes as the buying funds seized greater demand for veterinary services the increase in the ownership of pets Over the past decade, especially during pandemic.
High prices for services have been launched by regulatory problems, with control in the UK Starting a probe to the vet market last year.
Three EQT about 30 output events last year have been included The transfer of stakes between EQT funds – Although all three such transactions also brought other investors.
In October, EQT announced that he would sell some of the Nord Anglia Global School Operator, worth $ 14.5 billion, with new investors while transferring his own control stake in a newer EQT Fond business. The company also sold minority roles in some other companies last year.
IVC, EQT, Silver Lake and Nestlé refused to comment.
