AmeriVet Veterinary Partners announces minority investment from OPTrust

On June 14, 2019, AmeriVet Veterinary Partners ("AmeriVet") announced a substantial minority investment by OPTrust. Imperial Capital Limited ("Imperial"), AmeriVet's majority investor, also increased its investment. Financial terms were not disclosed.

The additional capital will support AmeriVet's goal of entering into additional partnerships with leading veterinarians across the United States.

AmeriVet, founded in 2016 and headquartered in San Antonio, Texas, has majority ownership in 33 veterinary practices in 15 states.

OPTrust, a fully funded plan with net assets of almost C$20 billion as of December 31, 2018, invests and manages one of Canada's largest pension funds and administers the OPSEU Pension Plan, a defined benefit plan with almost 95,000 members and retirees.

Imperial Capital is a leading lower middle market private equity firm focused on North American opportunities to build or acquire growth-oriented platform investments in targeted industry niches within healthcare, business and consumer services industries.

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