L Catterton Latin America Makes Strategic Investment in WeVets
WeVets, a leading independent veterinary hospital group in Brazil, has received a strategic investment from L Catterton, a global consumer-focused investment firm. Founded in 2020, WeVets operates 15 hospitals and two labs in São Paulo and Rio Grande do Sul, providing 24-hour comprehensive veterinary care through a tech-driven model. The investment will support WeVets' expansion across Brazil through acquisitions and organic growth. The company aims to become the leading vet hospital platform in Brazil's highly fragmented pet market, which is the third largest globally. L Catterton brings significant experience in the pet care sector, with investments in multiple successful pet-focused businesses worldwide.
WeVets, un gruppo veterinario indipendente leader in Brasile, ha ricevuto un investimento strategico da parte di L Catterton, una società di investimento globale focalizzata sui consumatori. Fondata nel 2020, WeVets gestisce 15 ospedali e due laboratori a São Paulo e nel Rio Grande do Sul, fornendo assistenza veterinaria completa 24 ore su 24 attraverso un modello tecnologicamente avanzato. L'investimento supporterà l'espansione di WeVets in tutto il Brasile attraverso acquisizioni e crescita organica. L'azienda punta a diventare la piattaforma di ospedali veterinari leader nel mercato dei pet in Brasile, che è altamente frammentato e il terzo più grande a livello globale. L Catterton porta un'esperienza significativa nel settore degli animali domestici, con investimenti in numerose attività di successo focalizzate sugli animali domestici in tutto il mondo.
WeVets, un grupo veterinario independiente líder en Brasil, ha recibido una inversión estratégica de L Catterton, una firma de inversión global centrada en el consumidor. Fundado en 2020, WeVets opera 15 hospitales y dos laboratorios en São Paulo y Río Grande del Sur, brindando atención veterinaria integral las 24 horas a través de un modelo impulsado por la tecnología. La inversión apoyará la expansión de WeVets en Brasil a través de adquisiciones y crecimiento orgánico. La empresa tiene como objetivo convertirse en la plataforma de hospitales veterinarios líder en el altamente fragmentado mercado de mascotas de Brasil, que es el tercero más grande a nivel mundial. L Catterton aporta una experiencia significativa en el sector del cuidado de mascotas, con inversiones en múltiples negocios exitosos centrados en mascotas en todo el mundo.
WeVets는 브라질의 선도적인 독립 수의사 병원 그룹으로, 글로벌 소비자 중심 투자 회사인 L Catterton으로부터 전략적 투자를 받았습니다. 2020년에 설립된 WeVets는 상파울로와 히우 그란지 두 술에 15개의 병원과 2개의 실험실을 운영하며, 기술 기반 모델을 통해 24시간 종합 수의사 치료를 제공합니다. 이 투자는 인수 및 유기적 성장을 통해 브라질 전역에서 WeVets의 확장을 지원할 것입니다. 이 회사는 브라질에서 매우 분산된 애완동물 시장에서 선도적인 수의사 병원 플랫폼이 되는 것을 목표로 하고 있으며, 이 시장은 전 세계에서 세 번째로 큰 시장입니다. L Catterton은 전 세계 여러 성공적인 애완동물 관련 비즈니스에 대한 투자를 통해 애완동물 관리 분야에서 중요한 경험을 제공합니다.
WeVets, un groupe vétérinaire indépendant de premier plan au Brésil, a reçu un investissement stratégique de L Catterton, une société d'investissement mondiale axée sur le consommateur. Fondé en 2020, WeVets gère 15 hôpitaux et deux laboratoires à São Paulo et dans l'État de Rio Grande do Sul, offrant des soins vétérinaires complets 24 heures sur 24 grâce à un modèle axé sur la technologie. Cet investissement soutiendra l'expansion de WeVets à travers le Brésil par le biais d'acquisitions et de croissance organique. L'entreprise vise à devenir la plateforme d'hôpitaux vétérinaires leader sur le marché des animaux de compagnie hautement fragmenté du Brésil, qui est le troisième plus grand au monde. L Catterton apporte une expérience significative dans le secteur des soins pour animaux de compagnie, avec des investissements dans de nombreuses entreprises à succès axées sur les animaux dans le monde entier.
WeVets, eine führende unabhängige Tierkrankenhausgruppe in Brasilien, hat eine strategische Investition von L Catterton, einer globalen, auf Verbraucher fokussierten Investmentgesellschaft, erhalten. Gegründet im Jahr 2020, betreibt WeVets 15 Krankenhäuser und zwei Labore in São Paulo und Rio Grande do Sul und bietet 24 Stunden umfassende tierärztliche Versorgung durch ein technologiegestütztes Modell. Die Investition wird das Wachstum von WeVets in Brasilien durch Akquisitionen und organisches Wachstum unterstützen. Das Unternehmen hat sich zum Ziel gesetzt, die führende Tierkrankenhausplattform im hochfragmentierten Haustiermarkt Brasiliens zu werden, der der drittgrößte weltweit ist. L Catterton bringt umfassende Erfahrung im Bereich der Haustierpflege mit, mit Investitionen in zahlreiche erfolgreiche haustierorientierte Unternehmen weltweit.
- Strategic investment received from major global investment firm L Catterton
- Established presence with 15 hospitals and 2 labs in key Brazilian markets
- Operating in Brazil's pet market, the third largest globally
- Tech-driven operational model enhancing service delivery
- Clear expansion strategy through acquisitions and organic growth
- Operating in highly fragmented market with intense competition
- Relatively new company (founded 2020) with operational history
Insights
The strategic investment in WeVets by L Catterton, while noteworthy for the Brazilian pet care market, has minimal direct impact on Despegar (DESP). The mention of DESP in the article is only in reference to L Catterton's existing Latin American investment portfolio. WeVets' veterinary business operations have no operational overlap or synergies with Despegar's core travel business.
For DESP investors, this news does not materially affect the company's financial position, market share, or growth prospects. The only tangential relevance is that both companies share L Catterton as an investor, which speaks to the private equity firm's continued interest in Latin American markets.
Company to Leverage L Catterton's Global Pet Industry Experience to Accelerate Veterinary Platform Expansion in
Founded in 2020, WeVets has quickly expanded to 15 hospitals and two labs in São Paulo and Rio Grande do Sul providing comprehensive veterinary care, including primary and urgent care, surgery, diagnostics, and specialties, leveraging a tech-driven model to deliver a superior experience for pets and their parents. L Catterton's investment will support WeVets' long-term growth and strategic objectives, including continued hospital expansion across
"At WeVets, our mission is to become the leading vet hospital platform in
"The Brazilian pet market remains highly fragmented, and we see ample opportunities to scale our model based on exceptional technology and service," said Rodrigo Pinheiro, CEO/COO and Founder of WeVets. "With L Catterton's phenomenal expertise supporting successful pet-focused businesses globally, we are confident they can help WeVets achieve world-class standards."
"This partnership with WeVets is an attractive opportunity to continue building the one-stop destination for high quality pet care in the third largest pet market globally," said Ramiro Lauzan, a Partner in L Catterton Latin America. "Chang, Rodrigo, and the WeVets team have developed a winning formula built on operational excellence and a seamless customer experience. With our support, we are confident WeVets can achieve its ambitious goals of becoming the leading independent player in the pet-care space in
L Catterton has significant experience investing in and building brands within the pet care space globally, including Alliance Animal Health, Butternut Box, Canidae, Drools, Harringtons, Instinct, JustFoodForDogs, Lily's Kitchen, Wellness Pet Food, Partner Pet, Petlove, PetVet Care Centers, Pure & Natural, Rachael Ray Nutrish, Sploot Veterinary Care, and Withmal. In
About L Catterton
L Catterton is a market-leading consumer-focused investment firm, managing approximately
About WeVets
WeVets is a leading veterinary hospital group in
CONTACTS
L Catterton
Julie Hamilton (
media@lcatterton.com
+1 203 742 5185
View original content:https://www.prnewswire.com/news-releases/l-catterton-latin-america-makes-strategic-investment-in-wevets-302308545.html
SOURCE L Catterton
FAQ
What is WeVets' current operational footprint in Brazil?
What services does WeVets provide in its facilities?
What is the strategic purpose of L Catterton's investment in WeVets?
When was WeVets founded and what is its market position in Brazil?
