Advisor to vendor
Sale to Sovereign Capital
We completed the sale of Cherrydown Vets to premier veterinary services business Linnaeus Group, backed by PE firm Sovereign Capital. Owned by Jonathan and Rachel Nurse, Cherrydown is one of the largest independent veterinary practices in Essex, with over 60 years’ experience caring for animals. Linnaeus has widened its geographical coverage by acquiring Cherrydown: the combined group totals 610 staff, including 120 vets in 24 sites.
We worked closely with Jonathan Nurse to prepare the business for sale, identify potential buyers and market the opportunity. We were able to negotiate an outstanding deal for shareholders, and ensure an exciting future for the business and its staff.