Independent Vetcare (IVC) and Evidensia announces intention to combine their businesses. The combination will create the undisputed leader of veterinary care in Europe with about 500 clinics across 8 countries.
David Hillier, CEO of IVC, will become CEO of the combined group.
Founded in 2011, IVC is the fastest growing veterinary group in the UK with more than 315 clinics throughout the United Kingdom and a reputation for promoting clinical freedom and innovation among its practices. IVC employs over 800 veterinarians and cover the entire range of services from first opinion to specialist referral clinics. In December 2016, EQT acquired IVC from Summit Partners.
Evidensia is a leading veterinary group in Northern Europe with more than 180 clinics and hospitals and over 1200 veterinarians across the Nordic region and Central Europe. Evidensia was established in 2012 in connection with the merger of some of the largest and most reputable veterinary clinics and hospitals in Sweden. Since then, the company has grown rapidly organically and through a large number of add-on acquisitions. In October 2014, EQT acquired Evidensia from Valedo.
David Hillier, CEO of IVC says: “Our aim is to build the strongest and most respected veterinary group in Europe, founded on principles which are common to all of our practices: A passion for clinical care, a belief in teamwork, respect for the individual and entrepreneurship. The strong geographical presence of Evidensia in Northern Europe and of IVC in the United Kingdom is likewise complementary and will enable us to develop a dynamic network of leading clinical facilities which will benefit from our shared best practice and our improved purchasing power.”
Martin Tiveus, CEO of Evidensia says: “Having taken an active part in the IVC acquisition process, I am truly impressed with what David and his team has achieved so far. A merger between Evidensia and IVC will create the largest veterinary group in Europe and will benefit both pet owners, patients and our employees across Europe. I am proud of the team I have put together at Evidensia and I wish David and his new combined team all the best in shaping the future of veterinary care.”