Latham & Watkins advised Silver Lake Partners on its substantial minority investment into IVC Evidensia group (IVC), the leading European veterinary care provider. As part of the transaction IVC’s largest shareholder, EQT Private Equity, is also making a substantial investment through its EQT IX fund; and Nestlé, an existing minority shareholder, is increasing its minority stake in the group. The aggregated new investment from the expanded partnership transaction totals €3.5 billion and values IVC at an enterprise value of approximately €12.3 billion.
As a leading global technology investment firm, Silver Lake’s new substantial minority investment in IVC will help further unlock growth from digital and technology opportunities.
The Latham team was led by London corporate partners David Walker and Farah O’Brien, with associates Suneel Basson-Bhatoa, Antonina Semyachkova, Hannah Berdal, and Angharad Simon.
