CVC Capital Partners VIII’s Acquisition Of A Majority Interest In Medivet

In UK Freshfields Bruckhaus Deringer LLP, Travers Smith, advised on the matter.

Freshfields Bruckhaus Deringer LLP advised CVC Capital Partners with a team including Simon Priddis (Competition Law), Vincent Bergin (Picture – Corporate M&A), David Brooks (Corporate M&A), Charles Hayes (Corporate M&A), Victoria Hills (Corporate M&A), May Smith (Corporate M&A), David Mendel (Executive Compensation), Alex Mitchell (Finance).

Travers Smith advised Inflexion Private Equity with a team including Stephen Whitfield (Competition Law), Lucie Cawood (Corporate M&A), Tom Hartwright (Corporate M&A), Alex Fisher (Employment), Matthew Ayre (Finance), Tim Lewis (Finance), James Longster (IP&IT), Douglas Bryden (Life Science & Healt Care), Alex Millar (Real Estate), Simon Skinner (Tax M&A and Deal Advisory).

CVC Capital Partners VIII, part of one of the world’s leading private equity and investment advisory firms, on the acquisition of a majority interest in Medivet, a leading veterinary care provider in the UK, Germany and Spain. 

With over 350 branches in the UK, Medivet is a leading provider of veterinary care delivering a full spectrum of small animal health services including routine check-ups, 24/7 emergency care, lab & diagnostics and advanced surgery to companion pets across the country. From its UK foundations, the company has recently expanded with operations in Germany and Spain, with ~50 sites in Europe in partnership with local founders.

The Freshfields team was led by London private equity partner Vincent Bergin (Picture) and leveraged finance partner Alex Mitchell, alongside London partners Charles Hayes, David Brooks, David Mendel, May Smith, Simon Priddis and Victoria Hills, senior associates Jay Swain and Peter Mason, and associates Sherina Teckchand, Ted Haxby and Julie Chan.

The Travers Smith team was led by Private Equity & Financial Sponsors Partners Tom Hartwright and Lucie Cawood and Senior Counsel Joanna Roberts. They were supported by Senior Associate Matt Powrie, Associates Eric Van Winssen, Nikesh Arya and Caragh Jenkins and trainees Megan Law, Sian Whitby and Sarah Laing. Travers Smith provided a broad range of specialist advice in connection with the transaction, including: Tax advice provided by Tax Partner Simon Skinner with support from Senior Counsel Jonathan Woodall, Associates Lewis Currie and Aimee Hutchinson.
Competition advice provided by Competition Partner Stephen Whitfield with support from Senior Associate Ingrid Rogers and Associate Oliver Bates.
Real Estate advice provided by Partner Alex Millar with support from Senior Associates Catherine O’Driscoll and Tony Dosanjh.
Financial regulatory advice provided by Partner and Head of Financial Services and Markets Tim Lewis with support from Consultant Richard Everett and Associate Alice Hallewell.
Finance advice provided by Partner and Head of Finance Matthew Ayre with support from Senior Associate Will Sheridan and Associate Michael Leadbeater.
Commercial advice provided by Commercial, IP & Technology Partner James Longster with support from Senior Associate Michael Ross, Associate Sarah Robinson.
Employment advice provided by Employment Partner Alex Fisher with support from Senior Associate Sarah Baker and Associate Tom Hunt.
Environmental and regulatory advice provided by Partner and Head of Operational Risk and Environment Douglas Bryden with support from Associates Alexandra MacBean and Harrie Narain.

Involved fees earner: Vincent Bergin – Freshfields Bruckhaus Deringer LLP; David Brooks – Freshfields Bruckhaus Deringer LLP; Julie Chan – Freshfields Bruckhaus Deringer LLP; Edmund Haxby – Freshfields Bruckhaus Deringer LLP; Charles Hayes – Freshfields Bruckhaus Deringer LLP; Victoria Hills – Freshfields Bruckhaus Deringer LLP; Peter Mason – Freshfields Bruckhaus Deringer LLP; David Mendel – Freshfields Bruckhaus Deringer LLP; Alex Mitchell – Freshfields Bruckhaus Deringer LLP; Simon Priddis – Freshfields Bruckhaus Deringer LLP; May Smith – Freshfields Bruckhaus Deringer LLP; Jay Swain – Freshfields Bruckhaus Deringer LLP; Sherina Teckchand – Freshfields Bruckhaus Deringer LLP; Nikesh Arya – Travers Smith; Matthew Ayre – Travers Smith; Sarah Baker – Travers Smith; Oliver Bates – Travers Smith; Douglas Bryden – Travers Smith; Lucie Cawood – Travers Smith; Lewis Currie – Travers Smith; Tony Dosanjh – Travers Smith; Alex Fisher – Travers Smith; Alice Hallewell – Travers Smith; Tom Hartwright – Travers Smith; Tom Hunt – Travers Smith; Aimee Hutchinson – Travers Smith; Michael Leadbeater – Travers Smith; Tim Lewis – Travers Smith; James Longster – Travers Smith; Alexandra MacBean – Travers Smith; Alex Millar – Travers Smith; Harrie Narain – Travers Smith; Catherine O’Driscoll – Travers Smith; Matthew Powrie – Travers Smith; Joanna Roberts – Travers Smith; Sarah Robinson – Travers Smith; Ingrid Rogers – Travers Smith; Michael Ross – Travers Smith; Will Sheridan – Travers Smith; Simon Skinner – Travers Smith; Eric Van Winssen – Travers Smith; Stephen Whitfield – Travers Smith; Jonathan Woodall – Travers Smith;

Law Firms: Freshfields Bruckhaus Deringer LLP; Travers Smith;

Clients: CVC Capital Partners; Inflexion Private Equity;

Author: Giulia Di Palma