IVC Evidensia Expands in Estonia with Tartu Loomakliinik Acquisition
Deal News | Jan 17, 2025 | CEE Legal Matters
IVC Evidensia, a leading European veterinary services provider headquartered in the UK, has successfully acquired Tartu Loomakliinik, an Estonian veterinary clinic. This transaction is part of IVC Evidensia's strategic expansion plan, increasing its presence to a total of seven clinics in Estonia. Legal advice for this acquisition was provided by TGS Baltic for the buyer, while Ristal Keba Partners and Sirel & Partners represented the sellers, Karerin OU and Kersti Paju. The transaction was led by a team of legal experts from each advisory firm, indicating the significance of this acquisition in solidifying IVC Evidensia's footprint within the region's veterinary services market.
Sectors
- Veterinary Services
- Legal Services
Geography
- United Kingdom – IVC Evidensia, the acquiring company, is headquartered in the UK.
- Estonia – The target company, Tartu Loomakliinik, is located in Estonia, and the acquisition expands IVC Evidensia's presence in this country.
Industry
- Veterinary Services – The transaction involves the acquisition of a veterinary clinic, which is a part of the veterinary services industry.
- Legal Services – Legal advisors played a crucial role in facilitating this transaction, with TGS Baltic, Ristal Keba Partners, and Sirel & Partners providing legal expertise.
Financials
- – No specific financial details, such as deal price or enterprise value, were mentioned in the article.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| IVC Evidensia | Bidding Company/Buyer | Company | A European veterinary services provider based in the UK. |
| Tartu Loomakliinik | Target Company | Company | A veterinary clinic located in Estonia. |
| Karerin OU | Selling Company (Vendor) | Company | One of the sellers of Tartu Loomakliinik. |
| Kersti Paju | Selling Company (Vendor) | Person | An individual seller of Tartu Loomakliinik. |
| TGS Baltic | Legal Advisor | Company | Provided legal advisory services to IVC Evidensia for the acquisition. |
| Ristal Keba Partners | Legal Advisor | Company | Represented the sellers in the transaction. |
| Sirel & Partners | Legal Advisor | Company | Also represented the sellers in the transaction. |
| Sander Karson | Managing Partner at TGS Baltic | Person | |
| Maris Vutt | Counsel at TGS Baltic | Person | |
| Anu Kirss | Senior Associate at TGS Baltic | Person | |
| Ingeri Luik-Tamme | Senior Associate at TGS Baltic | Person | |
| Grete Lind | Senior Associate at TGS Baltic | Person | |
| Marija Toomjoe | Associate at TGS Baltic | Person | |
| Helena Kuuse | Associate at TGS Baltic | Person | |
| Kevin Siivelt | Partner at Ristal Keba Partners | Person | |
| Juri Sirel | Partner at Sirel & Partners | Person | |
| Sandra Toots | Partner at Sirel & Partners | Person |