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16-Oct-2024

The Vets and BetterVet Announce Merger, Ushering in a New Era of Pet Healthcare

NEW YORK, NY / ACCESSWIRE / October 16, 2024 / The Vets, the leading provider of at-home veterinary care, and BetterVet, a trailblazer in mobile veterinary services, have announced a strategic merger to redefine and expand pet healthcare delivery across the United States. This union combines the strengths of both companies to provide pet owners with enhanced access to comprehensive, convenient, and compassionate veterinary care.

The Vets and BetterVet Announce Merger

This merger marks a pivotal moment in the veterinary industry by pooling resources, expertise, and innovation. Pet owners nationwide will benefit from an expanded range of services, broader geographical coverage, and technological advancements. The merged entity, operating under The Vets brand, aims to set a new benchmark for mobile and at-home veterinary care standards. As part of the merger, founders and existing institutional investors have made additional investments intended to further accelerate the growth and reach of the unified company.

This consolidation will significantly extend the company's reach, expanding its footprint to over 30 major U.S. cities. With more than 80 veterinary teams now operating across these areas, the newly unified organization is better equipped than ever to serve pet owners nationwide. This expansion enables the company to provide exceptional, compassionate veterinary care to even more pets and their families, reinforcing our dedication to accessibility, convenience, and top-tier service.

"We are excited to join forces with BetterVet and further cement our position as market leaders," said Esben Mou, newly appointed CEO of The Vets. "Both of our companies share a commitment to providing accessible, top-quality care for pets in the comfort of their homes. Together, we will continue to revolutionize pet healthcare and bring our services to even more communities across the country."

Dan Adams, who led VetCor as CEO from 2001 to 2022 and BetterVet as CEO in 2024, will continue on the company's Board as chairman. "This merger aligns perfectly with our vision of extending access to patient care," said Adams. "With our combined strengths, we're not only delivering exceptional care but also pushing the boundaries of what's possible in veterinary medicine in terms of convenience and quality."

About The Vets

The Vets, a leader in at-home veterinary care, revolutionizes pet health management through advanced technology and personalized service. By delivering top-tier care directly to homes, The Vets eliminates the stress of clinic visits, providing a seamless and compassionate experience. With a skilled team of veterinarians, The Vets enhances pet well-being while strengthening the bond between pets and their families.

About BetterVet

BetterVet, a mobile veterinary, is redefining the future of pet care by delivering expert veterinary services directly to pets' homes. With a strong focus on at-home visits & telehealth, BetterVet ensures that high-quality care is not only more accessible but also more convenient.

For media inquiries, please contact:

Media team

media@thevets.com

For more information or future Investment interest, please contact

Esben@thevets.com or Raymond James

Contact Information

Jonathan Sagis
CRO
jonathan@thevets.com

SOURCE: The Vets

View the original press release on newswire.com.

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Last Updated: 16-Oct-2024