Newsbox: Press release: Partners Group to invest in Blue River PetCare, a

leading US o...

 
Press release
 
 
New York, US; Baar-Zug, Switzerland; July 2, 2019


Partners Group to invest in Blue River PetCare, a leading US operator of
veterinary hospitals
Partners Group, the global private markets investment manager, has agreed to
make a significant equity investment on behalf of its clients in Blue River
PetCare ("Blue River" or "the Company"), a US-based operator of veterinary
hospitals for companion animals. Blue River's founders will continue to hold a
sizeable equity stake following the transaction.
 
Founded in 2009 and headquartered in Chicago, Illinois, Blue River is a leading
operator of veterinary hospitals caring for household pets, managing a network
of over 90 general practice hospitals and over 300 veterinarians across 23
states in the US. Blue River's unique operational model allows for high-levels
of clinical autonomy.
 
Following the investment, Partners Group will work closely with Blue River's
management team, led by CEO Dan Blumenthal, on strategic initiatives to support
ongoing organic and acquisitive growth. Key areas of focus for these initiatives
will include implementing best-in-class customer engagement, continuing the
emphasis on clinical excellence, and pursuing M&A partnership opportunities.
 
Dan Blumenthal, CEO, Blue River, notes: "Since its inception, Blue River has
operated as a founder-run business, aiming to preserve the legacy that our
veterinarians have worked so hard to establish in their communities, and we are
extremely proud of the unique culture we have built and of the great care that
our hospitals provide to our customers and patients. We are very excited to be
welcoming Partners Group as a value-added partner to our business and look
forward to building on our reputation as an employer of choice for leading
veterinarians across the US."
 
Chris Russell, Managing Director, Private Equity Directs Americas, Partners
Group, states: "Blue River is a well-established brand in a resilient industry,
supported by a highly-capable management team. The Company is uniquely
positioned to capitalize on the attractive opportunity in the veterinary sector,
which is highly-fragmented and benefits from favorable market tailwinds driving
overall growth. We are excited to bring our experience and operational
capabilities into partnership with Blue River's talented management team in
order to create value and long-term growth for all stakeholders."


About Partners Group

Partners Group is a global private markets investment management firm with USD
83 billion in investment programs under management in private equity, private
real estate, private infrastructure and private debt. The firm manages a broad
range of customized portfolios for an international clientele of institutional
investors. Partners Group is headquartered in Zug, Switzerland and has offices
in Denver, Houston, Toronto, New York, São Paulo, London, Guernsey, Paris,
Luxembourg, Milan, Munich, Dubai, Mumbai, Singapore, Manila, Shanghai, Seoul,
Tokyo and Sydney. The firm employs over 1,200 people and is listed on the SIX
Swiss Exchange (symbol: PGHN) with a major ownership by its partners and
employees.
 
Investor relations contact

Philip Sauer

Phone: [phone]

Email: mailto:[e-mail]
 
Media relations contact

Jenny Blinch

Phone: [phone]

Email: mailto:[e-mail]
 
 
www.partnersgroup.com (http://www.partnersgroup.com/)
 

* Download press release : http://e3.marco.ch/publish/partnersgroup/36_7959/20190702_Blue_River_PetCare_FINAL.pdf 

________________________________________________________________________________

This message has been created and distributed using the Software Suite 
marCo(R) - Market Communication Office(R). marCo(R) is essential to handle 
business critical information. 

Contact the developers of marCo(R) - Market Communication Office(R):
A. Tensid EQS AG, Schochenmühlestrasse 4, 6340 Baar, Switzerland
T. [phone] (around-the-clock)
E. [e-mail]

Visit http://www.tensid.ch and get your marCo(R) today.
--------------------------------------------------------------------------------
By using this message (read, copy, etc.) you are bound to the disclaimer:
https://www.tensid.ch/home-en/abouttensid/disclaimer/
--------------------------------------------------------------------------------