Home
Distressed Businesses
  • All Distressed Businessess
  • Administrations
  • Liquidations
  • Winding Up
  • Insolvency Advice  New
Buy a Business
  • All Businesses for Sale
  • Find a Business for Sale
  • Raising Business Finance
  • Buyer Acquisition Service   New
  • Escrow Service   New
Sell a Business
  • Sell Your Business
  • Seller Accounts
  • Need Help Selling?
  • Help With Finance New
  • Business Valuation
  • Business Wanted Adverts
Insights & News
  • View All News
  • View All Insights
  • Exclusive Insights New
Lens
  • Search all UK Companies  New
Log in
Join Now

Home / News / Independent Vetcare acquires Derbyshire Veterinary Services

Independent Vetcare acquires Derbyshire Veterinary Services

Thu, 18 Oct 2018 | BUSINESS SALE



Independent Vetcare (IVC), one of UK's largest veterinary practice groups has completed the acquisition of Derbyshire Veterinary Services.

Located in Ashbourne, Derbyshire Veterinary Services enlisted the help of Price Bailey's strategic corporate finance team to advise on the sale of its business. Although interest had been shown by a number of potential buyers and deals had been valued and appraised, Derbyshire Veterinary Services decided to look to the wider market.

Stephen Reed, the partner at Price Bailey who led the sale of the business, noted that tax planning was a key component in securing a successful deal when negotiating on behalf of Derbyshire Veterinary Services.

Reed said: "We were engaged as lead advisors to manage the sale process, which included liaising with solicitors, a pension fund, acquirers IVC, insurance brokers, and also HMRC, as a restructure was needed as part of the process.

"We worked closely with the clients to develop a sequence of events for various parts of the transaction. We were able to deliver expert independent advice, provide a dedicated member of our team with experience of working within a veterinary consolidator as a key point of contact to fully project manage the sales process resulting in a deal that was designed in a tax-efficient manner."

Derbyshire Veterinary Services sought legal advice from James Sage from FBC Manby Bowdler LLP solicitors in the acquisition deal.

Derbyshire Veterinary Services commented on the services of Price Bailey: "As well as the professional approach of Price Bailey ensuring that we achieved the best price, and the most tax efficient process, the individuals at Price Bailey were invaluable for their calm and thoughtful demeanour in all areas of discussion and negotiation."

For more news stories about acquisitions, click here. For all our business for sale listings, click here.


Share this article



Latest Businesses for Sale

Domiciliary Care Provider
UK Wide

Award-winning domiciliary care specialist delivering unrivalled care provision via 5 regional entities located throughout London and the South Coast under an industry-esteemed franchise brand. Predominantly serving private end-users (94%) engagement...

Asking Price: Offers Invited
Turnover: £8,000,000

Occupational Physiotherapy Company
UK Wide

Long established occupational physiotherapy company providing assessment treatment and ergonomic consultancy to private sector corporates and their employees nationwide. The company coordinates service delivery across the UK providing proactive physi...

Asking Price: Offers Invited
Turnover: £825,000

Pharmaceutical Manufacturer
North of England, UK

The business, which is listed on both NASDAQ and AIM, develops live biotherapeutics, an emerging sub-sector of life sciences involving biological products containing a live organism that can be used in the prevention, treatment or cure of disease. Th...

Asking Price: Offers Invited
Turnover: £520,000

LEASEHOLD



View more businesses for sale

News Search

Latest News

 
05
 
Aug
 

EV Technology to acquire Fablink Group at up to 13x gross profits | BUSINESS SALE

Fablink Group has announced that it has agreed to be acquire...

 
04
 
Aug
 

Administrators begin sale process for automotive manufacturing suppliers | ADMINISTRATION

Administrators are seeking a buyer for two Bletchley-based b...

 
03
 
Aug
 

Insolvencies soar amid rising costs and end of COVID support | BUSINESS NEWS

Company insolvencies soared in the second quarter of the yea...

Free guide: 10 Biggest Buyer Mistakes

Sign up to receive our acquisition alert emails to get your FREE guide

Email


Want access to the latest businesses for sale?

Business Sale Report is your complete solution to finding great acquisition opportunities.

Join today to receive:

  • Comprehensive range of businesses for sale
  • Make direct contact with business sellers or their intermediaries
  • Access to all UK administrations, liquidations and winding-up petitions
  • Daily email alerts for the latest businesses for sale & distressed notifications
  • Business Sale Report publication posted to you every month
  • Advertise your acquisition requirements on our "business wanted" section

All this and much more, including the latest M&A news and exclusive resources

Become a Member

News Categories

  • - Business Sale
  • - Division Sale
  • - Administration
  • - MBO/MBI
  • - Merger
  • - Commercial Property

View all news


About Us

Business Sale Report is the UK's leading independent business for sale & distressed business listing service. Established in 1995, the report offers an up-to-the-minute, comprehensive overview of businesses for sale, latest distressed business listings and daily acquisition news.

Our Services

Businesses for Sale
Distressed Companies
List a Business
Help with Finance
Buyer Acquisition Service
Small Businesses for Sale

Company

About Us
Insights
News
FAQs
Reviews
Terms & Conditions
Privacy Policy

Get In Touch

020 8875 0200
[email protected]
167 Oakhill Road, London, SW15 2QW
Working hours: Mon-Fri, 9am - 5:30pm


Sign up to our free newsletter



© 1995-2022. Business Sale Report Ltd. All rights reserved. www.business-sale.com.