BBH Capital Partners Completes Investment in Ethos Veterinary Health LLC
NEW YORK, Jan. 9, BBH Capital Partners (“BBHCP”) introduced today that it has completed a recapitalization of Ethos Veterinary Health LLC (“Ethos” or the “Company”). Headquartered in Woburn, Massachusetts, Ethos is just one of the biggest pure-play independent service providers of specialty vet wellness services, consisting of 24/7 emergency situation treatment, surgeries, radiology solutions and also interior medicine. Ethos operates 21 specialized and emergency healthcare facilities and uses over 300 medical professionals of veterinary medication. Additionally, Ethos offers a corresponding collection of recommendation laboratory and also intensifying pharmacy services and has actually established a well-regarded proceeding education and training platform to sustain the ongoing expert development of its service technicians and also veterinarians.
Ethos has actually made a nationwide online reputation among veterinary experts for providing remarkable quality-of-care, first-rate expert advancement in addition to a veterinarian-first society. After the recapitalization, Ethos continues to be majority possessed by its creators as well as specialists in the vet market under the management of CEO and Co-Founder Ames Prentiss and also is well utilized to further speed up a development method that will remain to focus on expanding existing healthcare facilities, purchases and growth of the corresponding collection of solutions.
Bradley M. Langer, Managing Director at Brown Brothers Harriman & Co. (“BBH”) and also Co-Manager of BBHCP, commented, “We are extremely thrilled about our recent financial investment in Ethos, as we have actually been seeking a specialized veterinary wellness solutions system for the previous numerous years. The opportunity to partner with Ames Prentiss, together with the elderly administration team, was really eye-catching to BBHCP, as Ethos has actually established a credibility as a cutting-edge, medically driven sector leader.”
Prentiss included, “We eagerly anticipate collaborating with BBHCP in remaining to expand Ethos, both organically and also through purchases, as we look for to exploit on the demand for specialized animal health and wellness services.”
Concerning BBH Capital Partners
BBH Capital Partners (“BBHCP”), an exclusive equity method of Brown Brothers Harriman & Co., gives pleasant capital services to growth-oriented middle-market firms. Our adaptable investment required provides us the capability to act as a control or non-control capitalist and to structure our financial investments as a combination of equity and subordinated debt securities as needed. BBHCP usually spends between $30 million as well as $125 million per system financial investment, and also our capital is used to sustain a variety of purchases, consisting of administration or leveraged acquistions, growth financings, recapitalizations (consisting of returns recapitalizations), buy-and-build approaches as well as procurements.
Contact: John Garretson, jgarretson@webershandwick.com, 212-546-7819
SOURCE Brown Brothers Harriman