Vets First Choice, the leading provider of veterinary pharmacy, prescription management and compliance marketing services, announced today a significant investment by Clayton, Dubilier & Rice (CD&R) and existing shareholders to accelerate and expand the company’s services.
Vets First Choice partners with veterinary practices to provide turn-key, outsourced pharmacy and prescription management services supported by a portfolio of pet owner communication and engagement tools. The company’s services result in improved veterinary practice profitability, better prescription compliance, reduced inventory and increased client engagement. Vets First Choice is the largest and most highly accredited operator in the market, and has received widespread endorsements from customers, major manufacturers, marketing service providers, and key opinion leaders.
“We welcome CD&R’s investment and healthcare expertise as we seek to further our mission of helping veterinarians be more efficient and effective in managing their practices,” said Benjamin Shaw, Founder and CEO. “We are excited for the opportunity to partner with the CD&R team to scale our network of veterinary practice partners, support the launch of new services and pursue strategic business development opportunities.”
“Vets First Choice has become an indispensable service to veterinarians,” said Ravi Sachdev, a Partner at CD&R and new Board member at Vets First Choice. “All of us at CD&R are very excited to partner with this proven management team to unlock significant value via new technology and services powered by the Vets First Choice platform.”