Kirkland & Ellis is advising EQT Private Equity on the additional investment and renewed long-term commitment in IVC Evidensia. As part of its long-term commitment to IVC, Kirkland advised EQT Private Equity in making a substantial investment through its EQT IX fund; Silver Lake is making a new substantial minority investment in IVC; Nestlé is also increasing its minority stake in IVC. The aggregated new investment from the expanded partnership transaction totals €3.5 billion and values IVC at an enterprise value of approximately €12.3 billion.
Headquartered in Bristol, UK, IVC is a leading veterinary services provider with a network of more than 1,500 clinics and hospitals and approximately 22,000 employees across Europe.
The Kirkland team was led by transactional partners Roger Johnson, David Holdsworth, Tom Bartram, Andreas Philipson and associate Irfan Ahmed.