Vetti Group Acquires Vet Planet Clinic in Belgrade
Deal News | Dec 20, 2024 | CEE Legal Matters
BDK Advokati and Mikijelj, Jankovic & Bogdanovic have assisted in a significant acquisition deal in South Eastern Europe. Vetti Group, a member of Provectus Capital Partners, acquired an 80% stake in the Belgrade-based Vet Planet Clinic, an animal healthcare institution, from Andrija Dakovic. This move signifies a strategic investment in the veterinary services sector, potentially expanding Vetti Group's influence in the region. Key players in the transaction included BDK Advokati's Vladimir Dasic, Marija Gligorevic, and Milan Popovic, who represented Vetti Group. The seller, Andrija Dakovic, was counseled by Mikijelj, Jankovic & Bogdanovic, led by Partner Dejan Bogdanovic. Provectus Capital Partners, known for their independent private equity initiatives in South Eastern Europe, backs this acquisition.
Sectors
- Private Equity
- Veterinary Services
- Legal Services
Geography
- Serbia – Vet Planet Clinic is based in Belgrade, Serbia, marking this as the primary geographic focus.
- South Eastern Europe – Provectus Capital Partners, which includes Vetti Group, operates independently in South Eastern Europe.
Industry
- Private Equity – Vetti Group is a part of Provectus Capital Partners, an independent private equity firm involved in this acquisition.
- Veterinary Services – The transaction involves Vet Planet Clinic, an animal healthcare institution, making veterinary services a relevant sector.
- Legal Services – The legal teams from BDK Advokati and Mikijelj, Jankovic & Bogdanovic were involved in advising the buyer and seller, respectively.
Financials
- 80% – Stake acquired by Vetti Group in Vet Planet Clinic.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Vetti Group | Buyer | Company | Part of Provectus Capital Partners, involved in acquiring Vet Planet Clinic. |
| Vet Planet Clinic | Target Company | Company | An animal healthcare institution based in Belgrade. |
| Provectus Capital Partners | Private Equity Firm | Company | Independent private equity firm in South Eastern Europe, backing Vetti Group. |
| Andrija Dakovic | Seller | Person | Previous owner of 80% of Vet Planet Clinic. |
| BDK Advokati | Legal Advisor to Buyer | Company | Advised Vetti Group during the acquisition process. |
| Mikijelj, Jankovic & Bogdanovic | Legal Advisor to Seller | Company | Advised the seller, Andrija Dakovic, in the transaction. |
| Vladimir Dasic | Senior Partner | Person | Part of the BDK Advokati legal team advising Vetti Group. |
| Marija Gligorevic | Senior Associate | Person | Part of the BDK Advokati legal team advising Vetti Group. |
| Milan Popovic | Junior Associate | Person | Part of the BDK Advokati legal team advising Vetti Group. |
| Dejan Bogdanovic | Partner | Person | Part of the Mikijelj, Jankovic & Bogdanovic team advising the seller. |