Medivet

Overview

Medivet was founded in 1987 as an independent practice and has since grown into one of the UK’s largest veterinary groups. The company was acquired by CVC Capital Partners, bringing it under private equity ownership.

Private Equity Ownership

CVC Capital Partners is one of the world’s largest private equity firms, managing over €180 billion in assets. Private equity ownership typically means:

• Focus on financial performance and growth
• Pressure to deliver returns within 5-7 years
• Potential for eventual sale to another buyer

UK Presence

Medivet operates around 400 practices across the UK, primarily focused on:

• First-opinion (general practice) veterinary care
• 24-hour emergency services
• Community-based veterinary clinics

Acquisition Strategy

Like other corporate groups, Medivet has grown primarily through acquiring independent practices. When an independent practice is acquired, it typically retains its existing staff but becomes subject to corporate policies and pricing strategies.

What Pet Owners Should Know

• Medivet practices are owned by a global private equity firm
• Individual practices may have less autonomy than independent vets
• The private equity ownership model prioritises financial returns