NB AURORA
- Client:NB AURORA
- Transaction:
M&A - Date:December 2024
- Sector:
Consumer and Retail
- Deal description:
Vitale advised NB Aurora and F&P in the disposal of BluVet to Ca’ Zampa, an integrated platform of veterinary clinics.
Founded in 2019, BluVet is an Italian platform aimed at consolidating the domestic market of medium to large veterinary clinics through M&A activities. The initiative was sponsored by Aurora, alongside established managers with many years of industry experience and a strong network in the Italian veterinary sector. Since its inception, the company has completed over 25 acquisitions of veterinary clinics, achieving a total turnover of approximately €33m in 2023.
Ca’ Zampa is an Italian hub of around 20 veterinary facilities that has grown both through the opening of new greenfield facilities and the acquisition of existing clinics, working on a project to strongly integrate its network. The Ca’ Zampa Group is backed by Italian entrepreneurs and investors as well as the G Square Capital fund and is among the leading players in the Italian market.
Aurora will reinvest, alongside other investors, in Ca’ Zampa as part of a broader capital increase operation, following which it will hold a minority stake. This transaction aims to support the future development of the Group by providing the necessary resources to continue its consolidation process in the relevant market.
Vitale acted as financial advisor to the sellers, offering support in the structuring of the transaction, in the negotiation phases and in the coordination of due diligence activities.
- Deal Value:
n.a.