Water-Soluble Antibiotics Provide New Option to Control Sow Health Challenges
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Veterinary service gets cash infusion
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Courtesy of NVS
VET CLINIC: Nebraska Vet Services, based in West Point, recently gained a major investment from Main Street Capital to allow the company to expand its footprint and gain additional veterinary clinics. The veterinary business received a $17 million investment from Main Street Capital.
With locations in West Point, Howells and Wisner, Nebraska Vet Services is working to expand services and the footprint of the company’s veterinary clinics. Founded in 1985 in Dodge, today the company is headquartered in West Point and offers veterinary products and services to livestock production operations across the Midwest.
In early January, NVS announced a $17 million investment by Houston-based Main Street Capital Corp. into its business. Main Street partnered with NVS’ existing owners and senior management team to facilitate the transaction and provide growth capital.
Main Street Invests $17.0 Million in Northeast Nebraska Vet Services, PC & Heritage Animal Health, LLC
Main Street Capital Corporation (NYSE:Â MAIN) (“Main Street”) is pleased to announce that it recently completed a new portfolio investment to facilitate the minority recapitalization of Northeast Nebraska Vet Services, PC and Heritage Animal Health, LLC (together “NVS” or the “Company”), a leading provider of veterinary products and
services to livestock production farms and companion animal owners throughout the midwestern United States. Main Street partnered with the Company’s existing owners and senior management team to facilitate the transaction and provide growth capital, with Main Street funding $17.0 million in a combination of first-lien, senior secured term debt and a minority direct equity investment. Main Street is also providing NVS with a revolving line of credit to support its future growth initiatives and working capital needs and has agree