BOSTON, July 19, 2017: Morgan Lewis represented Vets First Choice, a leading provider of technology enabled healthcare services for veterinary medicine, in its $223 million strategic investment to accelerate growth, launch new innovative services, and begin a global expansion effort into Europe and Asia. The investment was led by Clayton, Dubilier & Rice and Hillhouse Capital Group, which attracted new investors including Viking Global Investors, Wellington Management Company, Rock Springs Capital, and Sequoia Heritage.
The Vets First Choice platform allows practitioners to track medication and service compliance and to pro-actively engage clients to close gaps in care. The platform has a proven ability to triple pet owners’ use of products and services that are prescribed or recommended by veterinarians.
The Morgan Lewis team advising on the transaction was led by partner Mark Stein and partner-elect Erin Powers Brennan. Associates JiWon Park and Robert Intile also provided assistance, along with partners Harry Robins, David Sirignano, Patrick Rehfield, Jason Traue, of counsel Susan Cohen, and associates Zach Zemlin, Drew Wellin, and Meghan McCarthy.