Alliance Animal Health, a growing network of veterinary hospitals, recently received a significant growth investment from private equity firm L Catterton (the largest global consumer-focused private equity firm with more than $30 billion of equity capital). LightBay Capital (based in Los Angeles, CA) will retain a significant minority stake.
Founded in 2016, the Stamford, Conn. based company is led by CEO and Co-Founder Matt Sussman and currently operates approximately 114 animal hospitals in 18 states.
RELATED:
- PRESS RELEASE: Alliance Animal Health Receives Significant Growth Investment from L Catterton (1.20.22)
https://www.lcatterton.com/Press.html#!/LC-allianceanimal
- LightBay Capital
https://www.lightbay.com/portfolios/alliance-animal-health/- In June 2019, private equity firm LightBay Capital acquired Alliance Animal Health.
Who Is Leading The Animal Hospital That Cares For Your Pet Matters!
https://www.pets.care/list-of-chief-executive-officers-of-veterinary-consolidators/
- Study conducted by CARE for Pets™ reveals that some of the CEOs leading veterinary consolidators were previously employed at private equity firms.
- According to the LinkedIn Profile page for Matthew Sussman, he was an ASSOCIATE for private equity firm L Catterton (Jul 2013 – Aug 2015).
- According to the ABOUT US page of the Alliance Animal Health website:
- MATT SUSSMAN IS THE CO-FOUNDER & CEO:
“Prior to co-founding Alliance Animal Health, Matt had experience working in corporate strategy and financial services in the healthcare, consumer, and retail industries. Matt also had specific experience in the veterinary services industry where he worked closely with one of the largest aggregators of veterinary hospitals when it was in it’s early stages.”
- MATT SUSSMAN IS THE CO-FOUNDER & CEO: