Univet, an investee company of InfraVia, has raised incremental senior facilities
Univet
Univet is one of the largest independent veterinary care platforms in France, operating an integrated network of general practice clinics, specialist and referral hospitals and in-house laboratories across France and Belgium.
The company’s differentiated veterinarian partnership model preserves clinical autonomy while enabling practitioners to benefit from the scale, specialist capabilities and operational support of a leading veterinary platform. Today, Univet employs more than 1,500 people, including over 770 veterinarians and more than 300 practicing veterinarian shareholders.
Since InfraVia’s investment in 2022, Univet has continued to expand its network through a combination of organic growth, strategic acquisitions and ongoing investment in its operating platform. The business benefits from resilient demand for companion animal healthcare, favorable long-term market dynamics and a highly fragmented veterinary services market that continues to present attractive consolidation opportunities.
The Deal
Lincoln International acted as exclusive debt adviser to Univet on the successful raising of incremental senior committed facilities to support the company’s continued buy-and-build strategy.
The transaction was implemented through an incremental committed facility under Univet’s existing senior secured financing arrangements and attracted strong support from both existing and new lending partners. The financing broadened the company’s lender group while preserving the benefits of its existing capital structure.
The additional facilities provide significant committed acquisition capacity to support Univet’s robust pipeline of acquisition opportunities, while also delivering improved documentation terms and enhanced flexibility to support the company’s continued growth ambitions.
Our Perspective
Aude Doyen and Serge Palleau, Managing Directors at Lincoln International, commented, “We were delighted to support Univet on this financing. By combining our deep knowledge of the European lending market with Lincoln’s extensive experience across healthcare and animal health, we were able to identify the right financing partners and deliver a solution aligned with the company’s ambitious growth strategy. This transaction demonstrates the value of combining sector expertise with pan-European capital markets insight to help businesses secure the right outcome.”
This financing provides Univet with additional committed capital to continue executing its acquisition strategy while preserving existing lending relationships. Throughout the process, Lincoln worked seamlessly alongside our team, bringing valuable market insight, strong lender relationships and thoughtful execution. Their collaborative approach and commitment to achieving the right outcome helped deliver a financing solution that supports the next phase of Univet’s development.
Meet our Senior Team in Capital Advisory
View More Transactions in Capital Advisory
Any information or testimonials contained in this post may not be representative of the experience of other clients and is no guarantee of future performance or success.