M&A Deal Summary |
|
|---|---|
| Date | 2020-01-14 |
| Target | scil animal care company |
| Sector | Consumer Products |
| Buyer(s) | Heska |
| Sellers(s) | Covetrus |
| Deal Type | Divestiture |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 1988 |
| Sector | Medical Products |
| Employees | 808 |
| Revenue | 257M USD (2022) |
Heska sells, manufactures, markets, and supports diagnostic and specialty products and solutions for veterinary practitioners. The company's portfolio includes point-of-care diagnostic laboratory instruments and consumables including rapid assay diagnostic products and digital cytology services; local and cloud-based data services; practice information management software (“PIMS”) and related software and support; reference laboratory testing; allergy testing and immunotherapy; heartworm preventive products; and vaccines. Heska’s primary focus is supporting companion animal veterinarians in providing care to their patients. Its business is composed of two operating and reportable segments: North America and International. North America consists of the United States, Canada, and Mexico. International consists of geographies outside of North America, primarily in Germany, Italy, Spain, France, Switzerland, Australia and Malaysia. Heska’s strategic focus on point-of-care diagnostic laboratory products is included in both segments. The North America segment also includes the contract manufacturing of vaccines and pharmaceutical products and a small veterinary laboratory, and the international segment includes PIMS business and veterinary laboratories. Heska was founded in 1988 and is based in Loveland, Colorado.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 8 |
| Sector: Consumer Products M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 2 of 2 |
| Country: Germany M&A | 1 of 2 |
| Year: 2020 M&A | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-01-09 |
CVM Diagnosis Veterinario SL
Tudela, Spain CVM Diagnosis Veterinario SL is a major company in Spain in equipment for veterinarians and veterinary clinics. CVM Diagnosis is veterinarians, which allows to better understand the needs of colleagues and offer the right products and services. CVM Diagnosis Veterinario sells ultrasound, blood analytics, digital radiography, and other equipment as well as practical training. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-01-13 |
Lacuna Diagnostics
Fort Collins, Colorado, United States Lacuna Diagnostics, Inc. is a digital telemedicine cytology platform that increases the standard of care veterinarians provide for pets by providing nearly real-time interpretation of cases by an expert network of board-certified clinical pathologists. Lacuna Diagnostics was founded in 2016 and headquartered in Fort Collins, Colorado. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 2010 |
| Sector | Consumer Services |
| Employees | 5,275 |
| Revenue | 4.3B USD (2020) |
Covetrus is a provider of technology-enabled healthcare services for companion and equine veterinary practitioners. The company partners with veterinarians to create insight into gaps in patient care and offer professionalized pro-active prescription management to drive client engagement and improve compliance. Covetrus was formed in 2010 and is based in Portland, Maine.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 2 |
| Sector: Consumer Products M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 2 |
| Country: Germany M&A | 1 of 1 |
| Year: 2020 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-02-13 |
SmartEquine
Plymouth, Massachusetts, United States SmartEquine is a provider of equine supplements and horse supplies. SmartEquine was founded in 1999 and is based in Plymouth, Massachusetts. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-06-30 |
VCP
Irvine, California, United States VCP is an operator of a platform in veterinary wellness plan administration, serving approximately 1,000 veterinary practices with more than 350,000 pets currently benefiting from wellness plans. VCP is based in Irvine, California. |
Buy | - |
