Selected Transactions

Bayfield Veterinary Advisors provides a full suite of advisory services, including practice sales, acquisitions, equity and debt financing, and strategic advisory services. Case studies for selected recent transactions are shown below.

case-1
  • Northeast Veterinary Hospital is a veterinary practice located in Seattle, Washington
  • The Company was owned three entrepreneurs, who were ready to achieve some liquidity and transition the business to a partner that could accelerate its growth
  • Bayfield Partners helped the Company evaluate its financial and strategic alternatives, and was ultimately engaged to sell the Company
  • Bayfield developed a comprehensive set of marketing materials, including a teaser, information memorandum, financial model and management presentation and a data room
  • Bayfield developed a list of target acquirors, which primarily included veterinarian companies primarily owned by private equity firms executing a roll-up strategy
  • The Company received numerous offers from financial sponsors looking for add-on acquisitions in the veterinary practice sector, several of which were significantly higher than the owners had achieved on their own prior to the transaction
  • The Company ultimately decided on a sale to Southern Veterinary Partners (SVP), a veterinarian consolidator with 313 vet practices, which is owned by Shore Capital Partners, a well known middle market private equity firm
  • Bayfield structured the transaction and handled the negotiations between the Company and SVP, which ultimately led to a successful sale
  • Common Companion Vet Co. is a veterinary practice with two locations in Atlanta, Georgia
  • The Company was owned by an entrepreneur, who was ready to achieve some liquidity and transition his business to a partner that could accelerate its growth
  • Bayfield Partners helped the Company evaluate its financial and strategic alternatives, and was ultimately engaged to sell the Company
  • Bayfield developed a comprehensive set of marketing materials, including a teaser, information memorandum, financial model and management presentation and a data room
  • Bayfield developed a list of target acquirors, which primarily included veterinarian companies primarily owned by private equity firms executing a roll-up strategy
  • The Company received numerous offers from financial sponsors looking for add-on acquisitions in the veterinary practice sector, several of which were significantly higher than the owner had achieved on his own prior to the transaction
  • The Company ultimately decided on a sale to AmeriVet Veterinary Partners, a veterinarian consolidator with 150 vet practices, which is owned by AEA Investors, a well known upper middle market private equity firm
  • Bayfield structured the transaction and handled the negotiations between the Company and AmeriVet, which ultimately led to a successful sale
case-2