Cuatrecasas (2)

Unavet raise €116m in financing, the advisors

Cuatrecasas has advised Unavets, a veterinary care group majority owned by US fund Oaktree, on obtaining €116 million in financing from US firm Ares Management.

The deal will enable Unavets to refinance the group’s existing debt and continue its growth strategy in the Iberian Peninsula, where it already has more than 90 centres in Spain and Portugal.

The financing will also enable it to acquire new veterinary hospitals and clinics in these territories, invest in adjacent businesses to create synergies and continue to focus on innovation in the veterinary sector.

The team from Cuatrecasas advising Unavets was formed by: Miguel Cruz (pictured above left), Núria Burillo and Irene Sanz from the finance area; Mariano Ucar (pictured below right) and Flavia Terrés from the commercial area; and Javier Calle from the tax area.

Cuatrecasas Portugal was represented by: Manuel Requicha Ferreira (pictured above right) and Diana Avillez Caldeira from the corporate area; and Gonçalo Bastos Lopes (pictured below left) and João Pedro Russo from the finance area.

Irina Wakstein