Perwyn launches Kin Vet Community amid acquisition spree
Kin Vet Community is a community of professionals, committed to caring for pets and communities
European private equity investor Perwyn has completed the acquisition of certain UK veterinary clinics to launch a new group, Kin Vet Community.
Ciara McCormack MVB will be heading the new business as CEO.
Kin Vet Community is a community of professionals, committed to caring for pets and communities.
Perwyn stated that the new business will aim to promote animal health while fostering “empathetic, transparent and trusted relationships with its clients and their pets, as well as the professional growth and wellbeing of its team”.
According to Perwyn, the UK veterinary services industry consistently demonstrates “robust growth”, and with the increasing humanisation of pets and advancements in medical, surgical, and diagnostic procedures, coupled with the availability of new drugs, veterinarians offer an “expanding range of services and these factors all contribute to the market’s upward trajectory and attractiveness”.
Gurinder Sunner, partner at Perwyn, said: “We are thrilled to announce our first foray into the veterinary sector, a sector we have always respected for its robust business dynamics and the remarkable dedication of its professionals. It is a great pleasure to be working with Ciara and her team as they grow a new group dedicated to nurturing and advancing veterinary experts.
“Our investment in this venture is a strategic move that resonates with our commitment to nurture companies in high-growth industries. The UK veterinary services market is on an impressive upward trajectory, fuelled by the deepening bond between people and their pets and the continuous innovation in veterinary healthcare. We are excited to be a part of this thriving industry.”
McCormack, CEO of Kin Vet Community, added: “At Kin Vet Community, we have brought together a team rich in industry experience and insight, positioning us to take full advantage of the shifting dynamics in pet care and veterinary services. Our workplace culture is geared around nurturing the professional growth and wellbeing of our colleagues: at our core, we focus on improving the delivery of care by developing our people.
“With Perwyn’s support, we are now poised to accelerate our growth, and elevate the standard of pet care throughout the UK, reflecting the evolving relationship between pets and their human companions.”
