Jeffrey Animal Hospital of Michigan Acquired by Associated Veterinary Partners of New Jersey
Michimich.com/10333937

Trending...
FARMINGTON HILLS, Mich. - Michimich -- Calder Capital, a nationwide mergers and acquisitions advisory firm, is pleased to announce the successful acquisition of Jeffrey Animal Hospital of Farmington Hills, Michigan, by Associated Veterinary Partners ("AVP") of Jersey City, New Jersey.

Founded in 1984, Jeffrey Animal Hospital is a trusted veterinary provider serving the greater metro Detroit area. Over the course of four decades, former owners Brad and Joann Jeffrey built a loyal client base and a strong reputation for compassionate, personalized care. As the Jeffrey's began planning for retirement, their priority was finding a successor who would preserve the culture of their practice while continuing to serve its long-standing client relationships. Brad and Joann engaged Calder Capital's Sell-Side team to identify the right partner to carry the business forward.

Jeffrey Animal Hospital's engagement led to Calder Capital's Sell-Side team marketing and advising the sale of the business to Associated Veterinary Partners.

More on Michimich.com
Associated Veterinary Partners ("AVP") is a veterinarian-founded and led organization, prioritizing long-term care as they seek to build "the nation's most compassionate network of veterinary practices." AVP's acquisition search was to expand geographically within the animal health and veterinary service industries, which made Jeffrey Animal Hospital an ideal fit.

Garrett Monroe, Sell-Side Managing Director at Calder Capital, served as the Lead Mergers & Acquisitions Advisor to Jeffrey Animal Hospital. Serving as Lead Associate was Riley Hagen of Calder Capital.

Calder's Sell-Side team generated strong market interest during the sale process, with 44 Confidential Information Memorandums (CIMs) distributed to qualified buyers, and 5 offers received. The acquisition closed within 4 months of signing the letter of intent.

Joann shared, "Working with Garrett Monroe to sell my business was a great experience. He was diligent throughout the entire process, always available to answer my questions, proactively following up, and resolved any challenges that arose. I couldn't be happier with the outcome."

More on Michimich.com
"I can't say enough about how pleased I was with my experience working with Calder Capital," Brad added. "Garrett Monroe and Calder did an exceptional job from start to finish and helped sell my business for more than I had hoped for. Thank you for all of your hard work."

Monroe stated, "Brad and Joann built an exceptional team and a strong foundation at Jeffrey Animal Hospital. Joann was instrumental throughout the entire process, not only as a co-owner, but through her hands-on involvement in the day-to-day administrative operations and her commitment to the sale process."

Calder Capital served as the Exclusive Sell-Side Mergers and Acquisitions Advisor to Jeffrey Animal Hospital.

About Jeffrey Animal Hospital:
To learn more, please visit https://JeffreyAnimalHospital.net.

About Associated Veterinary Partners:
To learn more, please visit https://AssociatedVeterinary.com.

About Calder Capital:
To learn more, please visit www.CalderGR.com.

Contact
Tess Foster
***@caldergr.com


Source: Calder Capital

Show All News | Disclaimer | Report Violation

0 Comments

Latest on Michimich.com