Nordic Capital invests in AniCura

June 18 2014

Nordic Capital Fund VIII, "Nordic Capital", announces its investment in AniCura, the leading Nordic operator of companion animal hospitals and veterinary clinics. With the support of Nordic Capital, AniCura will be strengthened for the next phase of its development, through continued professionalisation and expansion of the business.

AniCura is currently owned by a large number of staff, the Foundation Djursjukhus i Stor-Stockholm and the Swedish investment firm Fidelio Capital. All parties will remain significant co-owners together with Nordic Capital. Through Nordic Capital's co-ownership, resources will be made available for, among other things, establishing a new veterinary specialist neurological centre at AniCura Albano Animal Hospital in Danderyd, Sweden.

Nordic Capital has followed the veterinary industry closely and shares the vision of management, and other co-owners of building a future-oriented, strong and professional company, which will be well positioned to best meet the needs, demands and expectations of patients, customers and employees.

"AniCura is a very interesting company, with an important task to improve and professionalise veterinary medical care. Nordic Capital shares the management team's view of the demands and challenges in this market, and looks forward to contributing to the continued development of the company and the significant investments required in order to meet future veterinary healthcare needs. With extensive international experience in healthcare, Nordic Capital will be able to strengthen AniCura in its further development", says Tommi Unkuri, Director, NC Advisory AB, advisor to the Nordic Capital funds.

AniCura was founded on the concept of combining resources to provide better veterinary medical care. Established in 2011, AniCura constitutes the first significant combination of companion animal hospitals and veterinary clinics in the Nordic region. Today, the company comprises several of the Nordic region's most renowned companion animal hospitals and veterinary clinics, provides veterinary care in 60 locations and caters to half a million patients annually.

"We are very pleased that Nordic Capital has chosen to invest in AniCura. Their extensive experience of successfully developing businesses in cooperation with management and employees, suits us perfectly and gives us the opportunity to accelerate the positive development we have had so far. Together we will create the future of veterinary care", says Peter Dahlberg, President and CEO, AniCura.

The investment is subject to approval by the relevant authorities.

Contacts:

Nordic Capital
Katarina Janerud, Communication Manager,
NC Advisory AB, advisor to the Nordic Capital Funds
Tel: +46 8 440 50 69
e-mail: katarina.janerud@nordiccapital.com

About AniCura
AniCura is a leader in advanced veterinary medical care for dogs, cats and other companion animals. The company was founded on the concept of combining resources to provide better veterinary medical care. Established in 2011, AniCura constitutes the first significant combination of companion animal hospitals and veterinary clinics in the Nordic region, and is currently the only Nordic veterinary care group exclusively focused on companion animals. AniCura offers a full range of medical and surgical services and specialized treatments. This includes everything from preventative care and basic healthcare, to advanced and specialized diagnostics, intensive care and surgery. The company also offers rehabilitation, physical therapy and nutritional counselling. The company comprises several of the Nordic region's most renowned companion animal hospitals and veterinary clinics, provides veterinary care in 60 locations and employs more than 1,000 professionals. AniCura caters to half a million patients annually and is a leading entity for education and referrals. AniCura is owned by a large number of staff, the Foundation Djursjukhus i Stor-Stockholm and the Swedish investment firm Fidelio Capital. For more information please see www.anicuragroup.com  

About Nordic Capital
Nordic Capital private equity funds have invested in mid-market companies primarily in the Nordic region since 1989. Through committed ownership and by targeting strategic development and operational improvements, Nordic Capital enables value creation in its investments. Nordic Capital Funds invest in companies in northern Europe and in selected investment opportunities internationally. The most recent fund is Nordic Capital Fund VIII with EUR 3.5 billion in committed capital, principally provided by international institutional investors such as pension funds. Nordic Capital Funds are based in Jersey, Channel Islands, and are advised by the NC Advisory companies in Sweden, Denmark, Finland, Norway, Germany and the UK. For further information about Nordic Capital please see www.nordiccapital.com