Independent Vetcare

Keynsham, United Kingdom Founded: 1984 • Age: 42 yrs Acquired By EQT
Chain of veterinary clinics

About Independent Vetcare

Independent Vetcare is a company based in Keynsham (United Kingdom) founded in 1984 was acquired by EQT in December 2016.. The company has 7,658 employees as of June 30, 2019. Independent Vetcare has completed 2 acquisitions, including Adams Vets and Scarsdale Vets.

  • Headquarter Keynsham, United Kingdom
  • Employees 7658 as on 30 Jun, 2019
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Healthcare → Veterinary & Animal Health
Key Metrics
  • Annual Revenue
    $1.21 B (USD)
    33
    as on Sep 30, 2021
  • Net Profit
    $82.09 M (USD)
    358
    as on Sep 30, 2021
  • EBITDA
    $105.9 M (USD)
    924
    as on Sep 30, 2021
  • Latest Funding Round
  • Investors
    EQT

    & 2 more

  • Employee Count
    7658

    as on Jun 30, 2019

  • Investments & Acquisitions
    Adams Vets

    & 1 more

  • Acquired by
    EQT

    & 1 more

    (Dec 09, 2016)

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People of Independent Vetcare
Headcount 10000+
Employee Profiles 11
Board Members and Advisors 7
Employee Profiles
People
Louise Barry
Employee Relations Specialist
People
Connor Parr
Talent Partner
People
Sarah Trouse
Colleague Experience Specialist
People
Duncan Phillips
Chief Executive, UK & Ireland

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Board Members and Advisors
people
David Tweedle
Clinical Board Chairman
people
Jane Feneley
Clinical Board Vice-chair
people
Caroline Gardner
Clinical Director
people
Andrew Whitfield-Roberts
Nursing Board Member

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Funding Insights of Independent Vetcare

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2018 Amount Debt – Conventional - Independent Vetcare Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Independent Vetcare

Independent Vetcare has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include EQT, Northleaf and Summit Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
Private fund focused on equity, secondary market, fund of funds, and multiple investments
Founded Year Domain Location
EQT is recognized as a global investment organization focused on value creation.
Founded Year Domain Location
Summit Partners is recognized as a growth equity investment firm.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Independent Vetcare

Independent Vetcare has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Adams Vets and Scarsdale Vets. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Chain of veterinary clinics
1975
Provider of pet care services
1945
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Independent Vetcare

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Independent Vetcare Comparisons

Employees
+
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Competitors of Independent Vetcare

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Independent Vetcare

Frequently Asked Questions about Independent Vetcare

When was Independent Vetcare founded?

Independent Vetcare was founded in 1984 and raised its 1st funding round 34 years after it was founded.

Where is Independent Vetcare located?

Independent Vetcare is headquartered in Keynsham, United Kingdom.

Who is the current CEO of Independent Vetcare?

Paul Cowling is the current CEO of Independent Vetcare.

How many employees does Independent Vetcare have?

As of Jun 30, 2019, the latest employee count at Independent Vetcare is 7,658.

What is the annual revenue of Independent Vetcare?

Annual revenue of Independent Vetcare is $1.21B as on Sep 30, 2021.

What does Independent Vetcare do?

Independent Vetcare is a group of veterinary practices across the UK who have come together to pool resources, skills and knowledge. The company owns and operates veterinary practices. They established Independent Vetcare in September 2011, and over 150 practices have already become part of this venture. It also retails prescription and non-prescription veterinary medications via Internet.

How many acquisitions has Independent Vetcare made?

Independent Vetcare has made 2 acquisitions, including Adams Vets, and Scarsdale Vets.

Who are Independent Vetcare's investors?

Independent Vetcare has 3 investors. Key investors include EQT, Northleaf, and Summit Partners.

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