February 23, 2021
Oak Hill Capital (Oak Hill), a New York-based middle-market private equity firm, has announced its investment and partnership with American Veterinary Group (AVG or the Company). Headquartered in Tampa, Florida, AVG partners with over 150 veterinarians across nearly 50 veterinary practices and veterinary urgent care clinics throughout the South and Southeast. This transaction marks a continuation of Oak Hill’s track record in building successful veterinary services businesses following prior investments in VetCor and Butler Schein. Terms of the transaction were not disclosed.
Latham & Watkins LLP represents Oak Hill in key healthcare regulatory aspects of the transaction with a team led by Washington, D.C. partner Stuart Kurlander, with Washington, D.C. counsel Nicole Liffrig Molife and Los Angeles associate Yanyan Zhou.