Lincoln International Closed / Announced Six Transactions in Q4 2020 in the Pet and Animal Health Sectors

The pet and animal sectors continue to demonstrate resilience across the economic cycle; mergers and acquisitions (M&A) activity has proven investor appetite remains strong, even in the face of uncertainty as a result of the pandemic. Numerous attractive tailwinds, such as increased pet adoptions during lockdown and the humanization of pets, have kept investors watching the industry closely for opportunities.

Lincoln International closed six pet transactions in Q4 2020 across our Global Consumer and Healthcare Groups, including cross-border sales to both public and private equity clients. Acting as both buy-side and sell-side advisors for a variety of clients, from branded pet food to treats and consumables to veterinary services, notable deals include:

Pet:

VMG-Partners_Solid-Gold_HH-Group

Lincoln International is pleased to announce that it has advised VMG Partners on the sale of Solid Gold to Health and Happiness Group (SEHK:1112)

Consumer

Lincoln International advised Spectrum Brands on its acquisition of Armitage Pet Care, a portfolio company of Rutland

Consumer
Morgan Stanley MannaPro The Carlyle Group 2020

Lincoln International advised investment funds managed by Morgan Stanley Capital Partners on the sale of Manna Pro Products to The Carlyle Group

Consumer
Capvest IPN Inspired Pet Nutrition LCatterton 2020

Lincoln International advised CapVest on its acquisition of Inspired Pet Nutrition, a portfolio company of L Catterton

Consumer

Animal Health:

New Harbor Wedgewood PartnersGroup 2020

Lincoln International advised New Harbor Capital on the sale of Wedgewood Pharmacy to Partners Group

Healthcare
The Vet Connection Pets At Home 2020

Lincoln International advised The Vet Connection on its sale to Pets at Home Group PLC (LSE:PETS)

Consumer | Healthcare

Lincoln’s Global Healthcare Group continued their strong momentum in animal health. The Group has completed 50+ animal health transactions across all verticals, including hospitals, diagnostics, pharmaceuticals and technology.

As 2021 unfolds, Lincoln International expects M&A activity in this space to continue to be high. Connect with a senior member of the Lincoln International team to learn more.

Meet our Senior Team in Consumer

David Houser

Managing Director

Chicago

I take a long-term approach to building relationships and understanding clients' businesses in order to provide timely and relevant advice.

Alex Masters

Managing Director

London

I appreciate the importance of every transaction I work on for each of my clients, and take pride in leading all aspects of deal execution to drive the best results possible.

Charles Walder

Managing Director

Los Angeles

Meet our Senior Team in Healthcare

It’s extremely rewarding to work in one of the largest and most diverse global business sectors helping support clients to realize their goals.

Matthew Lee

Managing Director

London

Roderick O'Niell
My goal is to bring the best of Lincoln to each and every transaction, ensuring the topmost outcomes for our clients.

Roderick O’Neill

Managing Director

New York

Emily Wildes
I am passionate about creating tailored sale processes for each of my clients to meet their individual needs, and then executing the process tirelessly to achieve the best price and terms for the selling shareholders.

Emily Wildes

Managing Director

Chicago

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