28 July 2021Press Releases
Vet’s Klinic, the state-of-the-art veterinary practice, has secured a £4 million growth capital investment from Mobeus.
Based in Swindon, Vet’s Klinic offers excellence in pet care at flexible prices. Pets benefit from a high level of veterinary care, delivered by an engaged workforce of nurses and vets with access to the very latest in clinical technology.
While their owners trust in the clinic’s transparency: innovative, glass-fronted assessment areas combined with industry-first technology that enables you to view your pet’s medical records online and even book and pay for appointments, everything is designed to make the experience of looking after your pets more open, transparent - and affordable.
The business has seen a growing demand for its services, as pet ownership in the UK increased during the pandemic. To meet the demand, Vet’s Klinic will be using the funding to roll out a further four super clinics along the M4 corridor, delivering the same standout pet and client care.
The company was advised by James Cowper Kreston and Osborne Clark (Legal). Stewart Lambert, Partner heading up the transaction commented “It is always a pleasure to work with such a talented and well-rounded team and in Mobeus they have found a strong partner to work with to deliver the plan over the next few years”
Laura Shears, Pets’ Kitchen said, “We are delighted to have successfully completed this funding round with the support of James Cowper Kreston Corporate Finance and look forward to extending the reach of our innovative Vet’s Klinic practice model to a much wider group of pets and owners. Stewart and the team at JCKCF provided invaluable support and advise throughout the process and we are delighted to have achieved our fundraising objectives.”
Rowan Grobler, who worked with partner Trevor Hope on the deal at Mobeus commented “I would like to thank the James Cowper Kreston team for their assistance on this transaction. Tough but pragmatic is how I would characterise my negotiations with Stewart and while representing the company he always tried to strike a balance between the requirements of Pets Kitchen and Mobeus.”
Mobeus was also advised by by Mansfield Advisors (commercial), Boyes Turner (legal), PKF Francis Clark (financial), Stratton HR (Management).