Kin Vet Community Grows with New Acquisitions
Deal News | May 27, 2025 | Perwyn
Kin Vet Community, a portfolio company of private equity firm Perwyn, has expanded its UK operations through the acquisition of two veterinary groups: The Vet Whetstone in North London and Aspen Veterinary Surgery, along with Ewell Veterinary Centre, in Surrey. These acquisitions increase Kin Vet's network to a total of 22 sites. The firm has also secured a tailored funding facility from Shawbrook Bank to support its continued expansion via a buy-and-build strategy. Perwyn initially invested in Kin Vet in 2023 with the aim of building a network of independent, high-quality, vet-led practices across Eastern and Southeastern England. Shawbrook Bank structured a bespoke unitranche and acquisition facility to support these acquisitions, underscoring the long-term partnership with Perwyn. Leaders at Kin Vet and its parent firm Perwyn see these acquisitions as enhancing the collaborative care model and promise continued growth through further acquisitions.
Sectors
- Veterinary Services
- Private Equity
- Financial Services
Geography
- United Kingdom – The article discusses activities within the UK, focusing on Kin Vet's expansion in the East and Southeast of England.
Industry
- Veterinary Services – This sector is directly involved, as the article discusses the expansion of Kin Vet Community, a company providing veterinary services.
- Private Equity – The private equity industry is involved since Perwyn, a private equity firm, is backing Kin Vet's acquisitions and growth strategy.
- Financial Services – Shawbrook Bank's involvement in providing a bespoke financing facility categorizes the financial services industry as part of the article.
Financials
- Undisclosed – The deal price for the acquisitions was not disclosed.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Kin Vet Community | Target | Company | A veterinary services company expanding its network of practices in the UK. |
| Perwyn | Bidding Company | Company | A private equity firm that backs Kin Vet Community in its expansion efforts. |
| Shawbrook Bank | Financial Advisor | Company | A bank providing a bespoke funding facility for Kin Vet Community's expansion and acquisitions. |
| The Vet Whetstone | Selling Company | Company | A veterinary practice in North London acquired by Kin Vet Community. |
| Aspen Veterinary Surgery and Ewell Veterinary Centre | Selling Company | Company | Partner veterinary practices in Surrey acquired by Kin Vet Community. |
| Albert Moussafir DrMedVet MRCVS | Person | Person | Founder of The Vet Whetstone. |
| Peter Melville BSc BVMS MRCVS | Person | Person | Co-owner of Aspen Veterinary Surgery and Ewell Veterinary Centre. |
| John Ball | Person | Person | Co-owner of Aspen Veterinary Surgery and Ewell Veterinary Centre. |
| Gurinder Sunner | Person | Person | Partner at Perwyn. |
| Ciara Mc Cormack MVB MRCVS | Person | Person | CEO of Kin Vet Community. |