National Veterinary Care completes sale to Vet Partners

20.4.2020

Amid all the market turmoil and uncertainty, with many M&A transactions being placed on hold, ASX-listed National Veterinary Care Ltd (NVC) has announced that the scheme of arrangement between NVC and its shareholders (that was approved by NVC shareholders and by the Supreme Court of Queensland) was implemented on April 8th 2020.

Accordingly, VetPartners now holds all the shares on issue in NVC, and the scheme consideration of $3.70 cash per NVC share was paid to each shareholder.

The Scheme Consideration implied a fully diluted market capitalisation for NVC of approximately $251.5m and an enterprise valuation of approximately $325.5m and represented a 59.5% premium to the 1-month VWAP of $2.32.

InterFinancial would like to congratulate both National Veterinary Care and VetPartners and all others involved in completing the transaction.

InterFinancial was lead financial adviser to National Veterinary Care in the transaction.

27.2.2026

Sector dashboards February 2026

Our monthly sector dashboards are out! Our dashboards look at the valuation multiples across seven key sectors, each made up of a number of subsectors. The data takes into account the sale prices of similar companies based on; products, end markets, services, assets classes or other characteristics. The publications include all companies listed on the […]

Read more
27.2.2026

On the floor at EvokeAg 2026: Luke Harwood’s reflections on Australian Agtech

EvokeAg 2026 drew over 1,500 delegates from 18 countries to Melbourne in February, with the Federal Government committing another $450,000 to support the event over the next three years. The visible momentum is real, and the cohort of companies I spent two days meeting reflected it. Most were past proof-of-concept by a meaningful margin, with […]

Read more
27.2.2026

Australian mining industry: Outlook, drivers and opportunities for METS companies

The Australian mining industry enters 2026 with a constructive, albeit moderating, outlook shaped by global economic conditions and the structural shift toward decarbonisation. The Australian Government’s Office of the Chief Economist, in its latest Resources and Energy Quarterly, notes that commodity prices are generally expected to ease from recent highs but remain supportive of continued […]

Read more
28.1.2026

Sector dashboards January 2026

Our monthly sector dashboards are out! Our dashboards look at the valuation multiples across seven key sectors, each made up of a number of subsectors. The data takes into account the sale prices of similar companies based on; products, end markets, services, assets classes or other characteristics. The publications include all companies listed on the […]

Read more
27.1.2026

What has 2025 taught us about APAC M&A and what comes next in 2026?

As we kick off the new year, we went around the InterFinancial team and asked a simple question: What did you see in the APAC M&A market in 2025, and what does it mean for 2026?  The answers were candid, thoughtful and in some cases, refreshingly blunt. While the headlines were dominated by AI hype, geopolitical noise and regulatory change, the […]

Read more
16.12.2025

Sector dashboards December 2025

Our monthly sector dashboards are out! Our dashboards look at the valuation multiples across seven key sectors, each made up of a number of subsectors. The data takes into account the sale prices of similar companies based on; products, end markets, services, assets classes or other characteristics. The publications include all companies listed on the […]

Read more
27.11.2025

Sector dashboards November 2025

Our monthly sector dashboards are out! Our dashboards look at the valuation multiples across seven key sectors, each made up of a number of subsectors. The data takes into account the sale prices of similar companies based on; products, end markets, services, assets classes or other characteristics. The publications include all companies listed on the […]

Read more
27.11.2025

APAC Tech M&A: What Q3 trends mean for Aussie sellers? 

MergerMarket and DataSite have released their Asia Pacific Q3 M&A report and it’s full of insights for technology founders thinking about an exit in the next few years. While activity has slowed from previous highs, tech is still the most active sector across the region, and the pipeline of companies preparing for sale remains deep. […]

Read more
28.10.2025

Sector dashboards October 2025

Our monthly sector dashboards are out! Our dashboards look at the valuation multiples across seven key sectors, each made up of a number of subsectors. The data takes into account the sale prices of similar companies based on; products, end markets, services, assets classes or other characteristics. The publications include all companies listed on the […]

Read more