MS Rubric advises on sale of two vet practices VetPartners
Boutique law firm MS Rubric has advised on another two acquisitions in the veterinary sector.
The Bristol-based firm acted on behalf of both Three Counties Equine Hospital in Tewkesbury, Gloucestershire, and Elands Veterinary Clinic, which has two practices near Sevenoaks in Kent, during their sale to national group VetPartners, which has more than 400 sites across the UK.
MS Rubric is the leading veterinary solicitors in the UK, having acted on sales in the sector with a total acquisition value of £500 million.
“The veterinary sector has become dominated by the corporate practices, all of which remain active in their acquisitions,” says James Howell, managing director of MS Rubric.
“This sector has become a key area of specialism for us as a corporate law firm as it has consolidated, and we expect this consolidation to continue.”
Rob Hopkins, director of acquisitions at VetPartners, said: “We’re delighted to welcome two new additions to our UK family of practices.
“The seven partners at Three Counties Equine Hospital will continue, while Elands Veterinary Clinic owner Philip Lhermette, who is well-known within the profession as a past president of the British Small Animal Veterinary Association, will remain as clinical director.”