We advised Tailwind Capital and EverVet on the transaction

Davis Polk advised Tailwind Capital and its portfolio company EverVet Partners in connection with the investment in EverVet by Freeman Spogli & Co. and the related financing arrangements. Following the transaction, Tailwind and Freeman Spogli will be equal partners in EverVet. Financial terms of the transaction were not disclosed. 

EverVet operates a leading network of general practice animal hospitals with 21 clinics across 10 states. EverVet capitalizes on the attractive trends within the fragmented veterinary market through the acquisition and growth of independent veterinary practices throughout the Mid-Atlantic, Midwest, Northeast and Southeast. Tailwind Capital is a leading middle-market private equity firm investing in growth-oriented companies in targeted sectors within the healthcare, business and industrial services industries.

The Davis Polk corporate team included partner Harold Birnbaum and associates Joshua B. Pittell and Jordan Khorshad. The finance team included partner J.W. Perry, counsel Robert F. Smith and associate Zoe Chen. Partner Ethan R. Goldman and associate Kendra Simpson provided tax advice. Partner Veronica M. Wissel provided executive compensation advice. Partner Pritesh P. Shah provided intellectual property advice. All members of the Davis Polk team are based in the New York office.

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