Global investment firm KKR is acquiring Westport”™s PetVet Care Centers for an undisclosed amount.
KKR, which is based in New York City, acquired the firm from Ontario Teachers”™ Pension Plan, L Catterton, and other existing shareholders.
Jefferies LLC acted as exclusive financial adviser and Weil, Gotshal & Manges LLP acted as legal adviser to PetVet. Simpson Thacher & Bartlett LLP served as legal counsel to KKR. Fully committed debt financing will be provided by Jefferies and KKR Capital Markets.