Your Vets Limited operates a high-quality low-cost group of vet practices set up to provide affordable preventative veterinary care for pet owners. The Group operates five practices in Wythall, Coventry, Nuneaton, Stetchford and Rayleigh and is adding another to its portfolio Dagenham.
Midven invested in 2011 to accelerate the growth of the Your Vets brand as new site set up costs were high and the group wished to grow at a rate of 2 per year. Midven helped in the restructuring of existing debts and supporting staff recruitment from 109 to 220 employees. Midven also focused the management team to restore profitability before continuing with new site development which ultimately attracted the trade buyer.
Exit : Trade Sale in 2015 to CVS Group.